Ahli raises Stake in Commercial Bank of Iraq

By John Lee.

Bahrain’s largest lender has increased its stake in the Commercial Bank of Iraq, according to Gulf News.

In a stock exchange statement, Ahli United Bank (AUB) said it had bought an additional 25 billion shares -- equivalent to 10 percent of the shares -- bringing its holding to 64.71 percent.

(Source: GulfNews)

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