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.
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
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
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
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