4 days left for submissions of acceptances for the NBB offer to acquire BISB


The voluntary acquisition of Bahrain Islamic Bank (BISB) by National Bank of Bahrain (NBB) will close this week on January 15, 2020.

With four days left until the application deadline, shareholders of BISB who wish to participate in the offer may do so by visiting one of the participating branches of BISB including the Head Office in the Diplomatic Area, Budaiya, Hamad Town, and Arad or one of NBB’s participating branches including NBB’s Head Office in Manama, Tubli, Seef Mall, Atrium Mall, and Al Istiqlal Highway. Shareholders can also visit SICO’s receiving desk at the Bahrain Bourse. All completed and signed acceptance and transfer forms are to be submitted by close of business on the final closing date of January 15, 2020. BISB shareholders participating in the offer will receive their payment in cash or shares at the option and discretion of each BISB shareholder on the settlement date of January 22, 2020.

For the full release in English & Arabic, click here