Gulf Finance House BSC (GFH) announced that it is seeking to merge Khaleeji Commercial Bank BSC with another Bahraini bank, in order to become a stronger bank. GFH said, "GFH is currently studying a number of options to merge Khaleeji Commercial Bank with other banks in Bahrain to create a bigger and stronger bank. GFH is considering the acquisition of a number of assets in Saudi Arabia and UAE that will generate high secured yields.
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