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Ithmaar Bank opens ladies-only branchIthmaar Bank, a Bahrain-based Islamic retail bank, has inaugurated a new, full-service branch exclusively for ladies. The new branch, which brings the total number to 17, was inaugurated by Central Bank of Bahrain head of wholesal More… |
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Ithmaar to focus on core activitiesShareholders of Ithmaar Bank, a Bahrain-based Islamic retail bank, today threw their weight behind the bank’s plans to increase its focus on core banking activities while working towards restructuring its investment portf More… |
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Ithmaar reports $26m loss in 2012Ithmaar Bank, a Bahrain-based Islamic retail bank reported today a net loss of BD10.1 million ($26.6 million) in 2012, compared to a net loss of BD23.3 million in 2011. The turnaround in profit before impairment and taxation with More… |
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Ithmaar Bank, First Leasing complete mergerBahrain-based Ithmaar Bank has announced that it has formally concluded a merger with one of its associates, First Leasing Bank (FLB). The announcement follows the final approval from the Central Bank of Bahrain (CBB) and Industry More… |
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Ithmaar backs education scholarship fundIthmaar Bank, a Bahrain-based Islamic retail bank, helped support a local charity that provides an Education Scholarship Fund (ESF) for children of financially challenged families. Established by the Pakistani Women’s Associ More… |
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Ithmaar backs education scholarship fundIthmaar Bank, a Bahrain-based Islamic retail bank, helped support a local charity that provides an Education Scholarship Fund (ESF) for children of financially challenged families. Established by the Pakistani Women’s Associ More… |
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Ithmaar backs children with special needsIthmaar Bank, a Bahrain-based Islamic retail bank, recently helped support a local charity that provides recreation and educational facilities to children with special needs. Established by Bahrain’s Indian Ladies Associatio More… |
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Ithmaar Bank posts $15.6m net lossIthmaar Bank, a Bahrain-based Islamic retail bank, reported a net loss of $15.6 million for the nine-month period ended on September 30 compared to a net profit of $6.7 million for the same period last year. Announcing the Q3 resu More… |
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Ithmaar to make Swiss unit family officeIthmaar Bank, a leading Bahrain-based Islamic retail institution, has announced that it will convert the banking licence of its wholly-owned subsidiary, Faisal Private Bank in Switzerland, to a family office. The announcement, by More… |
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Ithmaar, FLB to discuss possible mergerIthmaar Bank, a Bahrain-based Islamic retail bank, has announced that negotiations on a proposed merger with one of its Bahrain-based associates, First Leasing Bank (FLB), had reached an advanced stage. Ithmaar Bank chief executive offi More… |
