Posted inBanking & FinanceBanking & Finance

First Gulf to ponder foreign ownership rules

Abu Dhabi-based bank says its board will discuss changes at Dec 30 meeting.

Abu Dhabi-based First Gulf Bank said on Wednesday its board will discuss revising foreign share ownership in the lender.

A bank statement posted on the bourse website did not give details of the possible changes to foreign ownership but said the board meeting will be held on Dec. 30. (Reuters)

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