Bank Audi sets up in Qatar
Qatar: Wednesday, March 26 - 2008 at 07:31
Beirut-based Bank Audi will be setting up branch at the Qatar Financial Centre, reported The Peninsula. The bank has a net profit of $207m and assets of $17.2bn in 2007 and has been in talks for possible merger with EFG-Hermes of Egypt. Hermes currently has 20% stake in Bank Audi.
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Medilyn Manibo, Assistant News EditorWednesday, March 26 - 2008 at 07:31 UAE local time (GMT+4)
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