Lesha Bank receives permission to buy Bereke Bank
Lesha Bank, a Shariah-compliant bank in Qatar, has received permission to buy Bereke Bank.
The Qatar stock exchange-listed company will purchase the entity from Kazakhstan government-backed Baiterek Holding, according to a statement issued by the agency of the republic of Kazakhstan for regulation and development of financial market.
Lesha Bank reported a net profit of 54.1 million Qatari riyals for the first half of 2024, increasing 21% on an annual basis.
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