Friday 23 June 2017
 
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Warba Bank

Warba Bank acquires Kia Motors facility in UK

Kuwait-based Warba Bank recently purchased a newly constructed vehicle imports / exports facility leased to Kia Motors UK for unbreakable lease term of 20 years, expiring in 2037 on full repairing and insuring terms. The facility

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Warba Bank achieves maiden sukuk success

Warba Bank, a leading investment bank in Kuwait, has achieved international success for its maiden sukuk issuance of $250 million Tier 1 Mudaraba Capital Certificates. A one-week marketing campaign succeeded in attracting investor

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Warba Bank launches car financing scheme

Warba, a top provider of investment products and services compatible with Shariah in Kuwait, has joined hands with Toyota dealer Mohamed Nasser Al Sayer Institution to launch a unique car financing programme. Kaseb, the new five-y

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Warba Bank launches car financing scheme

Warba, a top provider of investment products and services compatible with Shariah in Kuwait, has joined hands with Toyota dealer Mohamed Nasser Al Sayer Institution to launch a unique car financing programme. Kaseb, the new five-y

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Warba Bank buys equipment leasing business in US

Warba Bank, a leading bank in Kuwait, has acquired an equipment leasing portfolio managed by ATEL Capital Group, an independent equipment lessor based in the US. With this, Warba Bank has become the first Kuwait enterprise to inve

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Warba Bank Q3 net profit tops $4m

Kuwait’s Warba Bank achieved net profit of KD1.251 million ($4.12 million) in the third quarter (Q3) of the year compared to KD318,000 for the same period in 2014. The bank’s total assets grew by 34 per cent reaching K

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Warba Bank H1 profit soars record 633pc

Kuwait-based Warba Bank reported a net profit growth of 633 per cent to reach KD315,000 ($1.03 million) for the first half of 2015 compared to KD43,000 for the first six months of 2014. Total income grew by 37 per cent to reach KD

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Warba Bank honours employees

Kuwait-based Warba Bank has honoured its employees from the retail banking group for achieving the required sales targets in April and May. The bank is keen on motivating and encouraging employees as part of its advanced strategy

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Warba Bank arranges $150m loan for IBA

Kuwait-based Warba Bank recently arranged a $150 million Sharia-complaint syndicated finance facility for the International Bank of Azerbaijan (IBA). The facility has a tenor of one year with a bullet repayment due at maturity. Wa

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Warba bank posts profit

Warba Bank has achieved a net profit of KD43,000 ($152,137) by the end of the second quarter 2014 compared to a loss of KD2.141 million for the same period in 2013. The bank's financial statement indicates that the bank has ac

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