Bank Of Sharjah P.J.S.C. (ADX:BOS) is open to mergers as the consolidation trend in the UAE's banking sector is set to continue, said a Senior Executive at the bank. "We are not talking to any bank for merger. There is no talk with Invest Bank as well. But we are ready for [merger] opportunities. It is not a matter if we want to merge or don't want to. There are situations that force opportunities upon you and you move to take advantage of that. Consolidation started in Abu Dhabi, then moved to Dubai and now it will move to Sharjah and other emirates," said Varouj Nerguizian, General Manager, Bank of Sharjah.