Thursday 8 December 2016
 
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Eskan Bank

Eskan's debut REIT issue gets solid response

Eskan Bank, a leading provider of housing finance in Bahrain, said the initial public offering of Bahrain's first Sharia-compliant retail real estate investment trust (REIT) has exceeded 95 per cent subscription rate. Securiti

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Eskan Bank sees good response for debut REIT offering

Eskan Bank, a leading provider of housing finance in Bahrain, said there has been an overwhelming response for Bahrain’s first Sharia-compliant retail real estate investment trust (REIT)’s initial public offering (IPO) which is set t

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Eskan Bank sees good response for debut REIT offering

Eskan Bank, a leading provider of housing finance in Bahrain, said there has been an overwhelming response for Bahrain’s first Sharia-compliant retail real estate investment trust (REIT)’s initial public offering (IPO) which is set t

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Eskan Bank REIT IPO opens

The initial public offering (IPO) of the Eskan Bank Realty Income Trust (REIT) opened today. Subscription for the IPO will close on December 6.   The BD14.4 million ($38.21million) offering represents 72.9 per cent of the trust&rsq

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Eskan Bank REIT IPO opens

The initial public offering (IPO) of the Eskan Bank Realty Income Trust (REIT) opened today. Subscription for the IPO will close on December 6.   The BD14.4 million ($38.21million) offering represents 72.9 per cent of the trust&rsq

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Eskan Bank launches eServices package

In cooperation with Bahrain’s eGovernment Authority, Eskan Bank has launched a package of services allowing all its clients to review and perform transactions easily. Eskan Bank provides nine banking eservices to its clients

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Eskan names advisers for Bahrain projects

Bahrain-based Eskan Bank has appointed KPMG Fakhro and its consortium partner Trowers and Hamlins as financial and legal advisers on the build, operate, and transfer (BOT) projects in the kingdom. The announcement follows the sign

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Bahrain Eskan Bank GM resigns

Bahrain's housing bank Eskan said its general manager Sabah Khalil Almoayyed has stepped down and deputy GM and executive director for banking operations Ahmed Tayara has been named the acting general manager. However, Almoayy

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Eskan 9-month net profit up 10pc

Bahrain-based Eskan Bank has posted a net profit of BD6 million ($15.4 million)  for the first nine months of the year which represents an increase of 10 per cent over the same period last year. The bank recorded a net profit

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Eskan Bank H1 profit rises 20pc

Bahrain housing finance institution Eskan Bank achieved a net profit of BD3.26 million ($8.65 million) in the first half of the year, an increase of 20 per cent compared to BD2.7 million in the first six months of 2010. "Eskan Bank continu

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