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Gulf Finance denies merger rumours

July 5th, 2009  |  Posted in Kuwait by AME INFO  |  Comments

Kuwait: Bahrainـbased Islamic investment bank Gulf Finance House (GFH) has dismissed as ‘erroneous and completely without foundation’ media reports about its engagement in merger talks with Kuwait's First Investment Bank or any other bank. ‘Gulf Finance House would like to assure its shareholders, investors and clients that it has no plans to merge with any bank or financial institution and continues to operate as a standalone Islamic investment bank,’ it said. [AMEInfo.com]


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