Al Baraka Banking Group (ABG), a Bahrain-based leading Islamic bank, announced it achieved 16 per cent increase in total operating income and 13 per cent increase in net profits before tax and provisions during the first quarter the year, report
Bahrain-based Ibdar Bank said it has made a £8 million ($11.4 million) investment in a prime new residential project, Angel Gardens, to be developed in Manchester’s city centre, UK.
Angel Gardens, consisting of residen
The Bahrain Chamber of Dispute Resolution (BCDR) has issued a verdict in favour of Bank Alkahir against its former chief executive officer Majed Al-Refai and has also asked him to repay a $2 million loan he had taken during his tenure in
Cluttons 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.
BMI 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
Bahrain'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
BBK 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
Bahrain-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
Tamkeen 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.
BBK, 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