Friday 26 August 2016
 
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Khaleeji Commercial

GFH plans to list Khaleeji Commercial in Dubai

GFH Financial Group (GFH) has announced plans to list its Khaleeji Commercial Bank (KHCB) at the Dubai Financial Market (DFM) to unlock its market potential. The listing is subject to obtaining regulatory approvals in Bahrain, sai

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Khaleeji posts 71pc jump in net profit

Khaleeji Commercial Bank (KHCB), a Bahraini Islamic retail bank, has reported a growth of 70.7 per cent in net profit for the first quarter at BD2.85 million ($7.43 million) when compared with BD1.67 million for the same period last year, report

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Khaleeji Commercial declares 5pc bonus shares

Bahrain-based Khaleeji Commercial Bank (KHCB), a leading Islamic bank, held its annual general meeting (AGM) yesterday (March 15) in Bahrain, where it was approved to distribute five per cent of paid-up capital as bonus shares to shareholders.

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Bahrain's Khaleeji Commercial 'open to Alkhair merger'

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic retail bank, has completed due diligence on a proposed merger with another Bahraini lender Bank Alkhair, said a report. KHCB shareholders were told yesterday by chairman Dr

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New CEO for Khaleeji Commercial

Khaleeji Commercial Bank (KHCB), one of the leading Islamic commercial banks in Bahrain, has appointed Khalil Ismaeel Al Meer as the bank’s new chief executive officer.   Al Meer comes to KHCB with extensiv

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KHCB's H1 profit tops $2.7 million

Bahrain-based Khaleeji Commercial Bank (KHCB) posted a net profit of BD1.02 million ($2.7 million) for the first half of the year compared with BD7.12 million during the same period last year. The bank's commercial banking business con

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GFH eyes $250m asset sale

Gulf Finance House (GFH) plans to raise $250 million through asset sales this quarter, and has made lay-offs to cut costs, its acting CEO said. Ted Pretty told the Reuters Islamic Banking and Finance summit in Manama that the troubled inve

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