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Al Salam Bank

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Al Salam Bank Signs Definitive Agreements for the Acquisition of Kuwait Finance House-Bahrain B.S.C. (c)
April 2nd, 2024 - 09:22 GMT

Al Salam Bank Signs Definitive Agreements for the Acquisition of Kuwait Finance House-Bahrain B.S.C. (c)

Manama, Bahrain – 1 April 2024: Al Salam Bank, a leading financial institution listed on the Bahrain Bourse (Trading Code “SALAM”) and the Dubai Financial Market (Trading Code “SALAM_BAH”), is pleased to announce that it has signed definitive agreements with Kuwait Finance House Group K.S.C.P. (“KFH Group”) to acquire the entire shareholding of Kuwait Finance House – Bahrain B.S.C.(c) ("KFH-Bahrain"), a wholly owned subsidiary of KFH Group. The signing of definitive agreements is subject to regulatory approvals and customary closing conditions. Upon transaction closing, a seamless integration and brand repositioning ...
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