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Cluttons advises Seera on UK project dealCluttons Capital Partners (CCP) has successfully advised Bahrain-based Seera Investment Bank in a structured financing transaction for a high-quality student accommodation scheme located in Aldgate, UK, and within Zone 1, a report said. More… |
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BMI offers fresh range of loansBMI Bank, a leading Bahraini retail and commercial banking institution, has announced the launch of a new range of loans. The bank is offering eligible customers the opportunity to receive the highest loan amount in the market at More… |
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Elaf completes Malaysia funding facilityBahrain's Elaf Bank said it has concluded an funding facility for Malaysian company Serba Dinamik to help finance a five-year contract awarded by Petronas Carigali. Serba is a major provider of integrated and specialised engineering a More… |
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BBK in talks over workers' developmentBBK chief executive Abdul Karim Bucheery met Bankers Union chairman Khalil Zainal in the first of a series of meetings to develop employees in the industry and enhance their rights. The meetings are being convened between BBK and the union More… |
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Taib Bank narrows Q3 net lossBahrain-based Taib bank has reported a significant improvement in its core business with a narrower third-quarter net loss of $2.7 million compared to $8.5 million last year. Announcing the results for the nine month period, Taib said its More… |
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Tamkeen, BMI extend finance schemeTamkeen and Bahrain retail banking institution BMI Bank have announced the extension of its successful Sharia-compliant financing scheme for enterprises within the local private sector to fulfil their financial needs at a competitive cost. More… |
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BBK starts new Cashlink serviceBBK, Bahrain's pioneer in retail and commercial banking, has launched its BBKCashlink service, an online development that has been designed to meet the needs of its corporate customers. First envisaged in 2006, the system was created a More… |
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GIB nine-month profit hits $84.6mBahrain-based Gulf International Bank (GIB) has registered a consolidated net income of $84.6 million after tax for the first nine months ended September 30. The net income after tax in the third quarter was $22.2 million. Announcing More… |
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BMI, Eskan seal partnership dealBahraini retail bank BMI and Eskan Bank, a leader in housing finance in the Kingdom, have entered into a partnership agreement to offer flexible financial solutions to Bahrainis. As per the deal, customers of Eskan Bank’s Housing Loan sche More… |
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Gulf International Bank wins investment awardsBahrain-based Gulf International Bank (GIB) has won three awards in the investment banking category of the Global Banking and Finance Review Awards for 2011. After conducting a survey of the best investment banks at the country and regiona More… |
