Al Khaliji: The Bank Will No Longer Pursue Disposal of Subsidiary

September 19, 2018

Al Khalij Commercial Bank (Al Khaliji) has previously engaged in discussions with various bidders for the disposal of its subsidiary, Al Khaliji France S.A. The Bank’s Board of Directors considered the terms of the various offers received to be not in the best interest of the Bank’s stakeholders, and has therefore decided not to pursue the sale any further.

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