Qatar National Bank (QNB), the largest bank in the Gulf region, is in preliminary talks to buy Kuwait Finance House's (KFH) Malaysia unit, the Qatari lender said on Thursday.
No agreements had been reached over a potential dea
Kuwait Finance House (KFH) is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for a leaner structure while seeking greener pastures through its Turkey franchise.
Kuwait's second l
Kuwait Finance House (KFH), the Gulf State's largest sharia-compliant bank by assets, reported a 35.8 per cent jump in fourth-quarter net profit on Monday, according to Reuters calculations.
Kuwaiti banks have had firm to stro
Kuwait Finance House (KFH), the country's largest lender, said its Turkish subsidiary has secured a $350 million syndicated Islamic loan.
The dual-currency murabaha transaction for Kuveyt Turk was arranged in two tranches, one
Bahrain's Gulf Finance House (GFH) said on Wednesday that it had signed to obtain a $105 million, five-year Islamic credit facility from Kuwait Finance House (KFH), which would help GFH redeem two syndicated debt facilities and allow the rel
Kuwait Finance House - Bahrain (KFHB) said two of its employees have been awarded certificates for successfully completing the International Trade Finance (CITF) programme from the Institute of Financial Services, UK, after attending a preparato
Kuwait Finance House-Bahrain (KFH-Bahrain) has opened its 10th branch in the country in Arad, to cater to a rapid expansion of customers.
The Islamic retail bank's top officials said they are keen to further expand its presenc
The chief executive of Kuwait Finance House, the Gulf state's largest Islamic lender, will step down from May 1, the company said on Sunday.
Mohammed Al-Omar has asked to resign and will retire from the beginning of next month
The chief executive of Kuwait Finance House, the Gulf state's largest Islamic lender, has stepped down, two company sources said on Thursday.
Mohammed al-Omar's resignation as CEO is linked to wider management changes at K
Kuwait Finance House (KFH) , the country's biggest Islamic lender, reported a 13 percent rise in first quarter net profit, which rose to KD26.06 million ($92.54 million from KD23 million in the same period a year ago.