Acquiring Company
Estithmar Holding QPSC
Acquired Company
Shahba Bank
Doha
SyriaFinancial ServicesFinanceFinancial ServicesFinanceLendingBankingDescription
Estithmar Holding QPSC has completed the acquisition of a 48.68% stake in Shahba Bank through its financial arm, Masaref Holding LLC. This acquisition is aimed at enhancing the bank's operations and expanding its services in under-served regions in Syria. The transaction followed the necessary regulatory approvals. Estithmar believes this investment demonstrates confidence in Syria's economic potential.
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Based on deal dataFrequently asked
Who acquired Shahba Bank?
Shahba Bank was acquired by Estithmar Holding QPSC, based in Doha. The deal was reported on September 18, 2026. Estithmar Holding QPSC is a financial holding company based in Qatar. It focuses on investments across various sectors to drive sustainable growth and development. Estithmar Holding QPSC is privately held and operates in Financial Services.
When did Estithmar Holding QPSC acquire Shahba Bank?
Estithmar Holding QPSC's acquisition of Shahba Bank was reported on September 18, 2026. Estithmar Holding QPSC has completed the acquisition of a 48.68% stake in Shahba Bank through its financial arm, Masaref Holding LLC. This acquisition is aimed at enhancing the bank's operations and expanding its services in under-served regions in Syria. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shahba Bank do?
Shahba Bank is a commercial bank operating in Syria. It provides a range of banking services aimed at individuals and businesses. The bank is looking to expand its presence and improve its services with new investments. It is privately held, operating in Financial Services, and is based in Syria.
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