Tuesday 20, December 2016 by Robin AmlĂ´t

Masraf Al Rayan, Barwa Bank and International Bank of Qatar in three-way merger talks

In a joint statement, Masraf Al Rayan, Barwa Bank and International Bank of Qatar (ibq) have announced that they have entered into initial negotiations regarding a potential merger of the three banks to create a larger and stronger financial institution with a solid financial position and liquidity to support Qatar’s economic growth and to finance development initiatives in line with Qatar Vision 2030.

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