Kuwait Finance House looking to exit Malaysia.

BANKING AND CREDIT NEWS-January 16, 2019--Kuwait Finance House looking to exit Malaysia

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Global Banking News - 16 January 2019

Kuwait Finance House is expected to exit Malaysia and close investments worth as much as USD400m in the move.

The firm said that it is moving out because of severe competition. It said that it is not able to cope with competition because it is a purely Islamic bank.

Kuwait Finance House is in talks with...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT