UGH gets Approval to buy stake in Bank of Baghdad
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UGH gets Approval to buy stake in Bank of Baghdad
by claud39 Fri Jan 31, 2020 1:34 pm
UGH gets Approval to buy stake in Bank of Baghdad
31st January 2020
31st January 2020 in Iraq Banking & Finance News
31st January 2020
31st January 2020 in Iraq Banking & Finance News
By John Lee.
Bahrain-listed United Gulf Holding (UGH) has received approval from the Central Bank of Iraq (CBI) to buy a 51.8 percent stake in Bank of Baghdad.
According to The National, the company will acquire the stake from Kuwait-based Burgan Bank.
(Sources: UGH, The National)
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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