RHB eyes Saudi boost in Islamic banking arm
Malaysia's third-largest lender in negotiations to sell up to 30 percent of shares
By Agence France Presse (AFP)
Friday, March 04, 2005
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Malaysia's third largest lender RHB Bank has obtained Central Bank approval to begin talks to sell up to 30 percent in its new Islamic banking arm to the Saudi-based Dallah Albaraka Group (DAG), reports said Thursday.
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