Bank Audi is not considering a merger with any big bank, and claims that it is in talks to acquire Bankmed are baseless, according to Freddie Baz, Vice Chairman and Strategy Director of the Bank Audi group.
Mega mergers cannot happen in Lebanon because the Governor of the Central Bank has repeatedly stated that such kinds of mergers are not encouraged under current circumstances. Since the global financial crisis in 2008, international and local regulators have become more wary of oversiz...
Article details
No comments:
Post a Comment