Tuesday 27 September 2016
 
»
Tag
 
»
Bahrain bank

Al Baraka unit to merge with Pakistan bank

Bahrain-based Al Baraka Banking Group, one of the Gulf's top Islamic banks, said its Pakistani unit would merge with Pakistan's Burj Bank to create an institution with assets totalling more than $1.1 billion. The merger, w

More…

Bahraini lender Ibdar names new board

Bahrain-based Islamic investment bank Ibdar has appointed a new board of directors with Tareq Sadeq, a member of Ahli United Bank Kuwait board and managing director of Keystone Consulting, as its chairman and Abdulkarim Ahmed Bucheery, the ex-CE

More…

Al Baraka Q1 net income surges to $38m

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

More…

Bahrain bank Ibdar seals UK property deal

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

More…

Alkhair wins key ruling against ex-CEO

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

More…

Cluttons advises Seera on UK project deal

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.

More…

BMI offers fresh range of loans

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

More…

Elaf completes Malaysia funding facility

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

More…

BBK in talks over workers' development

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

More…

Taib Bank narrows Q3 net loss

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

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads