Mubasher: Kuwait Finance House (KFH) is expected to make a final decision on the share pricing of its merger with Bahrain's Ahli United Bank (AUB) within two weeks, the CEO of Kuwait’s leading lender Mazin Al Nahedh said on Monday, according to Reuters.
Bahrain's AUB and KFH have been in merger talks since mid-2018; if completed, this merger could be the first cross-border tie-up between banks in the GCC region in the past few years at a time when several other banks are consolidating, Reuters added.
