Thursday 31 July 2014
Family Bank

Tamkeen, Family launch sustainability initiative

Tamkeen and Family Bank have announced the launch of ‘Mantoojati’, a joint initiative aimed at enhancing the growth and sustainability of productive families in Bahrain. This is in line with Tamkeen’s on-going ef


Tamkeen, Family Bank back small firms

Tamkeen has signed an agreement with Family Bank to increase the portfolio of the micro-finance support scheme that provides SMEs and micro businesses with Sharia-compliant financing solutions to enable them to grow. Tamkeen will


Bahrain plans SME support centre

Bahrain Chamber of Commerce and Industry (BCCI) and Family Bank have teamed up to set up a centre aimed at supporting and developing small and medium enterprises (SMEs). BCCI chairman Dr Essam Fakhro yesterday (May 23) signed a memorandum


Tamkeen-Family Bank in micro-financing push

Tamkeen has joined hands with the Family Bank to provide a targeted 500 beneficiaries with access to micro-financing. The BD1 million ($2.65 million) portfolio will be used by Tamkeen to subsidise 50 per cent of the profit rate charged for


New scheme to benefit low-income Bahrainis

Bahrain-based Family Bank said its new microfinance programme which specifically targets low-income families will benefit 5,000 individuals in the Kingdom. The bank, with a paid-up capital of BD5 million and an allowance of up to BD15 mill


Family Bank launches new loan scheme

The Family Bank, a microfinance bank licensed by the Central Bank of Bahrain, has announced plans to provide collateral-free micro-credits to its customers under a new scheme. Under the agreement, signed with Eltizam Islamic banking consul

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