KFH pivots to Turkey as it mulls Malaysia exit


SYDNEY: Kuwait Finance House (KFH) is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for a leaner structure while seeking greener pastures through its Turkey franchise.

KFH, Kuwait’s second largest lender and one of the world’s oldest Islamic banks, is restructuring activities ahead of a planned divestment by its largest shareholder, the Kuwait Investment Authority (KIA).

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