Kuwait Finance House K.S.C.P. (KWSE:KFH) has received a letter from the Central Bank of Kuwait on 5 May, 2020 requesting KFH to conduct a comprehensive reassessment of its acquisition of Ahli United Bank B.S.C. (BAX:AUB). The reassessment process shall begin after circumstances return to normal and the impacts of the coronavirus (COVID-19) pandemic are clear, to consider the feasibility of the acquisition, according to a stock exchange statement on Thursday. In this regard, KFH's board emphasised its keenness on the interests of shareholders and investors, noting that the CBK's decision is in line with KFH's board directives.

KFH further referred that it will announce relevant developments in due course.