Saturday 19 April 2014
 
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Venture Capital Bank

VCBank posts $4.3m H1 net profit

Bahrain-based Venture Capital Bank (VCBank) has reported a net profit of $4.3 million for the six months period ended December 31 compared to $5.5 million the previous year. VCBank continued to show profitable performance with the

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VCBank swings to $21m net profit

Bahrain-based Venture Capital Bank (VCBank) has reported a net profit of $21.1 million for the 18 month-period ended June 30, 2013 compared with a loss of $58.7 million for the calendar year 2011. The net profit for the period is

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VC Bank swings to quarterly profit

Venture Capital Bank (VCBank), a Bahrain-based Islamic lender, has reported a net profit of $20.2 million for the 15-month period ended March 31 when compared to a loss of $58.7 million for the same period in 2011. The Islamic ban

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Venture Capital swings to $58m profit

Bahrain-based Venture Capital Bank (VCBank), has reported a net profit of $18.5 million for the twelve months ended December 31, 2012 compared to a loss of $58.7 million the previous year. A leading regional Islamic investment ban

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Venture Capital swings to $15m profit

Venture Capital Bank (VCBank), a Bahrain-based regional Islamic investment bank, said its net profit for the nine month-period  ended September 30 rose to $15 million compared to a loss of $10.3 million the previous year. Ann

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Venture Capital Bank net hits $11m

Venture Capital Bank achieved a net profit of $11 million last year, it was announced at the bank's annual meeting at Sheraton Hotel. The total income reached $32.4 million and a 5.4 per cent return on equity. The shareholders

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Bank closes hospital project placement

The Venture Capital Bank has announced the closure of placement in the Royal Maternity Hospital project. It is poised to operate as a world-class wellness centre specialised in the provision of basic and advanced healthcare services for wo

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Bank closes hospital project placement

The Venture Capital Bank has announced the closure of placement in the Royal Maternity Hospital project. It is poised to operate as a world-class wellness centre specialised in the provision of basic and advanced healthcare services for wo

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Venture Capital Bank declares 9pc dividend

Bahrain-based Venture Capital Bank has announced an annualised nine per cent dividend, representing 4.5 per cent for the six months ending December 31 last year, to the investors of Lemissoler Maritime Company. The bank had successfully ar

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Venture Capital Bank to raise capital

Bahrain-based Venture Capital Bank has decided to raise its capital to $250 million. The bank also announced that it has obtained the licence to launch a company to finance small and medium projects. Chairman Ghassan Al Suleiman sa

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