Thursday 27 November 2014
 
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Bahrain Islamic Bank

Batelco, BisB ink tie-up to benefit youth

Batelco, a leading telecom operator in Bahrain, and BisB (Bahrain Islamic Bank) have signed a one year partnership to benefit the youth customers of both organisations. The agreement was signed by Batelco Consumer Division general

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BiSB picks Exus for debt collection upgrade

Bahrain Islamic Bank (BiSB) has selected Exus, a leading supplier of expert debt collection and recovery solutions, for implementing its “EFS Collection and Recovery” solution. The turnkey system will help the Bahraini

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BisB mulls new strategy as earnings soar

Bahrain Islamic Bank (BisB) has registered an increase of 128 per cent in its first quarter net profit which hit BD2.5 million ($6.63 million) compared to BD1.1 million for same period of last year. This is after deduction of the requir

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Bahrain Islamic Bank upbeat on growth

Bahrain Islamic Bank (BisB) is optimistic about its growth in the current year, said the bank's chairman. "BisB met its planned objective to return to profitability last year," chairman Abdul Razak Al Qassim told sha

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BisB swings to $15.7m net profit

Bahrain Islamic Bank (BisB) has registered a net profit of BD6.1 million (15.7 million) last year when compared to a net loss of BD36.1 million in 2012. The bank had registered a net profit of BD2.3 million in the last quarter of

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UAE Exchange ties up with BisB for ATMs

UAE Exchange, the remittance and foreign exchange brand, has entered into a strategic alliance with Bahrain Islamic Bank (BisB) under which all its branches will have the bank's ATMs installed on premises. In the first phase,

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Bahrain Islamic Bank swings to $10m profit

Bahrain Islamic Bank (BisB) said it has swung to a net profit of BD3.8 million ($10.1 million) during the first nine months of the year from a net loss of BD20.8 million during the same period last year. A statement by the bank sa

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Bahrain Islamic posts $6.4m net profit in H1

Bahrain Islamic Bank has reported a net profit of BD2.4 million ($6.36m) for the first half of the year, after deducting BD5.7 million as provisioning. This compares with a net loss of BD15.8 million for the same period last year,

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Bahrain Islamic elects new board

Bahrain Islamic Bank, a leading Islamic lender in the Kingdom, has elected a new board of directors under the chairmanship of Abdul Razak Al Qassim. Khalid Mohammed Al Mannai has been named the new vice chairman of the bank, said

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Bahrain Islamic Bank names new chairman

Bahrain Islamic Bank (BisB) has appointed Abdul Razak Al Qassim as its new chairman in the place of Khalid Al Bassam. The announcement follows approval of the decision by the board during a meeting. It was announced that Al Bassam

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