Sunday 13 July 2014
 
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Bank of Bahrain and Kuwait

BBK appoints key official for Dubai office

The Bank of Bahrain and Kuwait (BBK) has appointed Ali Ehsan Abbas as its new chief representative for Dubai office. Effective from Sunday, Abbas will take over the position from C K Jaidev, who in turn will become assistant gener

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BBK's net profit rises 18pc to $83m

Bank of Bahrain and Kuwait (BBK) said its net profit for the first nine months rose 18.2 per cent from the same period last year to BD32.1 million ($83.4 million). "BBK's fundamental strengths, along with its clear strate

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BBK supports ‘Banks in Bahrain’ reception

Bank of Bahrain and Kuwait (BBK) has announced its ongoing support of the Bahrain Association of Banks’ (BAB) annual Banks in Bahrain reception at the 187-nation IMF / World Bank meetings. Hosted by BAB, the event will take place in Tokyo

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BBK sets terms for $275m exchange offer

Bank of Bahrain and Kuwait (BBK) in Bahrain unveiled terms on Wednesday for its planned $275 million debt swap which will see it exchange the bonds for new senior notes due in 2018, in a bid to improve its liquidity profile. Under the

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Islamic finance industry 'will grow in 2009'

The Islamic finance industry in the region will gather momentum in 2009, according to the head of ‘Capinnova Investment Bank’, the Shari’a compliant investment banking arm of Bank of Bahrain and Kuwait (BBK). 'We are confident about th

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BBK fund targets Indian market

Bank of Bahrain and Kuwait (BBK) has launched a new fund which would allow investors access to the Indian equity markets. The BBK-Rainbow Fund, a dollar denominated medium-term open ended multiple class structure was launched on September

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BBK plans rights issue

Bank of Bahrain and Kuwait (BBK) is preparing for a BD50 million ($132.6 million) increase of its tier-one capital through a rights issue. The capital increase, which is the first for BBK in 15 years, will take its tier-one capital up to B

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BBK profit rises 19pc

Bank of Bahrain and Kuwait has announced a 19.4 per cent hike in its half-yearly profits to BD19.5 million. Net profits for three months ended 30 June grew to BD9.9 million, compared to BD7.3m for the same period in 2006, an increase of 3

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Saudi Aramco and BBK unit win award

Saudi Aramco's IT Customer Care Centre and INVITA, a Business Process Outsourcing (BPO) company owned by the Bank of Bahrain and Kuwait (BBK) have won the HDI-MEA Team Excellence Awards. The awards honour support organisations that have ac

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