Doha – Mubasher: Qatar’s Ahli Bank on Thursday rebutted speculations suggesting it is merging with Al Khalij Commercial Bank and Qatar International Islamic Bank (QIIB).
“We categorically deny these baseless speculations, and we are continuing to focus on executing our strategy,” said the bank’s CEO Salah Murad.
Reuters said yesterday that informed sources reported that the three banks are in talks about a merger that could include assets worth more than $30 billion.