Ahli United Bank (AUB), Bahrain's largest lender, has raised its stake in Commercial Bank of Iraq to 64.71 percent, according to a stock exchange statement.
AUB purchased a 10 percent stake in Commercial Bank of Iraq, AUB said
Ahli United Bank (AUB), Bahrain's largest lender, posted a 7.8 per cent increase in its first-quarter net attributable profit, it said on Tuesday, as it benefited from growth in fee income.
The bank's net attributable prof
Ahli United Bank (AUB) posted a 37.6 per cent rise in fourth-quarter net attributable profit on Sunday as Bahrain's largest lender benefited from higher fee income and strong lending.
Net attributable profit for the three mont
Ahli United Bank , Bahrain's largest lender, said on Thursday it couldn't comment on a Reuters story linking it with a possible sale or merger deal.
"This news has not been issued from the bank's management and we
Ahli United Bank (AUB), Bahrain's largest bank, posted on Sunday a 17.7 percent rise in first-quarter net profit amid an increase in net interest income and gains in associate banks in Qatar and Oman.
The bank said in a statement net p
Ahli United Bank, Bahrain's largest bank, said on Sunday it will raise $125 million by issuing 500 million preferential shares to the International Financing Corporation (IFC).
IFC, a unit of the World Bank, can convert the shares into ord
Bahrain's Ahli United Bank, the country's largest bank, posted a big jump in quarterly net profit on Sunday, boosted by gains in net interest income and growth in private and commercial banking.
Net profit in the