Fransabank Sal entered into a share purchase agreement to acquire Ahli International Bank from Jordan Ahli Bank and others for LBP 154.3 billion ($102 million).

Fransabank Sal entered into a share purchase agreement to acquire Ahli International Bank from Jordan Ahli Bank (ASE:AHLI) and others for LBP 154.3 billion ($102 million) on May 12, 2014. The transaction is subject to approval by the Central Bank. The conversion was done from www.oanda.com dated May 14, 2014.