Turkey’s newest Islamic bank Emlak sets up HQ, aims for 15 branches by year-end – media | Salaam – Global Islamic Economy Gateway

Emlak Bank, Turkey’s sixth and newest Islamic bank, has opened its headquarters in Istanbul and is aiming for fifteen branches in seven regions by the end of the year, reported state news agency Anadolu. Source: Turkey’s newest Islamic bank Emlak sets up HQ, aims for 15 branches by year-end – media | Salaam – Global Islamic Economy Gateway

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Abu Dhabi banks ADCB, UNB and Al Hilal to merge creating UAE’s third largest lender – Gulf Business

UAE lenders Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) have confirmed plans to merge and together acquire Al Hilal Bank to create the country’s third largest lender. The new banking group will carry the ADCB identity and will continue to have institutional backing from its biggest stakeholder – the Abu Dhabi government, a statement said. Source: Abu Dhabi banks ADCB, UNB and Al Hilal to merge creating UAE’s third largest lender – Gulf Business

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