Monday, 23 February 2015

Lenders look to Plan B after passing on three-way merger

Malaysian lenders are rolling out alternative growth strategies for their Islamic businesses, after a proposed three-way merger that would have created one of the world's largest Islamic banks was scrapped last month. Weak economic conditions scuppered plans for a tie-up of Malaysia's second-biggest lender CIMB Group Holdings Bhd with RHB....
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