National Bank of Bahrain (NBB) has reported an increase of 7.4 per cent in net profit at BD28.74 million ($76.44 million) for the six months ended June 30 when compared with BD26.77 million for the corresponding
Credit rating agency Capital Intelligence (CI) has affirmed National Bank of Bahrain's (NBB) long and short-term foreign currency ratings at 'BBB' and 'A2', respectively, on a 'stable' outlook.
NBB and Gulf Air have entered into a major joint promotion aimed at providing greater value to the bank's customers.
Through this partnership, customers who purchase Gulf Air tickets online, using their NBB debit cards or cred
The National Bank of Bahrain (NBB) posted a 12.1 per cent increase in net profit at BD16.62 million ($44.20 million) for the first quarter of the year, compared with BD14.83 million for the corresponding period of the previous year.
The outlook for the Bahrain's banking sector is cautiously optimistic with the wheels of economic growth turning positive, said a top banking official.
Addressing shareholders at the annual general meeting (AGM),Farouk Almoayy
National Bank of Bahrain (NBB) has registered an 8.1 per cent increase in net profit to BD51.36 million ($136.60 million) for last year, compared with BD47.50 million in the previous year.
For the fourth quarter of last year, net
The National Bank of Bahrain (NBB) has announced a net profit of BD26.77 million ($71.20 million) for the six months of the year as against BD25.10 million for the same period last year, marking an increase of 6.7 per cent.
Moody's Investors Service said it has placed four Bahraini banks - National Bank of Bahrain (NBB), BBK, BMI Bank and Bahrain Islamic Bank (BIsB) - on review for possible downgrade of its deposit, issuer and senior debt ratings.
National Bank of Bahrain (NBB) chief executive and director Abdul Razak Al Qassim has been chosen the new chairman of the Bahrain Association of Banks (BAB).
The announcement of the new board was made at the association's annu
Egypt has frozen the assets of 23 businessmen pending investigations into alleged stock market manipulation during the sale of Egypt's Al-Watany Bank to Kuwait's biggest lender in 2007, a source in the public prosecutor