Saturday 19 April 2014
 
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Khaleeji Commercial Bank

Khaleeji signs Bahrain real estate deal

Bahrain-based Khaleeji Commercial Bank (KHCB) has signed a memorandum of understanding with The Developers, one of the major real estate development companies in Bahrain. The agreement is aimed at providing credit facilities for p

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Khaleeji conducts workshop on money laundering

Khaleeji Commercial Bank (KHCB) conducted a training programme for more than 80 employees on "Anti-Money Laundering and Combating the Financing of Terrorism." The programme highlighted a number of key areas including sta

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Khaleeji Commercial inks deal with Gulf Air

Khaleeji Commercial Bank (KHCB) has signed a memorandum of understanding with Gulf Air which entitles KHCB's credit card holders to discounts on online ticket purchases. In line with the agreement, all KHCB credit card holders

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Khaleeji Commercial inks deal with Gulf Air

Khaleeji Commercial Bank (KHCB) has signed a memorandum of understanding with Gulf Air which entitles KHCB's credit card holders to discounts on online ticket purchases. In line with the agreement, all KHCB credit card holders

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KHCB unveils new reward programme

Khaleeji Commercial Bank (KHCB) has announced an expanded reward programme for its Al Waffer scheme for this year. The Sharia-compliant bank said a total of 485 winners can expect to get prizes this year. The total

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Top Bahrain Islamic banks in merger talks

Khaleeji Commercial Bank (KHCB), a key Islamic retail bank majority owned by Gulf Finance house, has signed a MoU with Bahrain-based Islamic lender Bank Al Khair to study the feasibility of merging the two institutions into a larger financial in

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KHCB inks new retail business accord

Khaleeji Commercial Bank has signed a three-way memorandum of understanding with Bahrain Defence Force's Military Consumer Association (MCA) and its main supplier Glabrous International. The signing took place at KHCB's he

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$52m housing project in Bahrain ‘back on track’

Construction work on a BD20 million ($52.3 million) housing development on Bahrain, which has fallen more than three years behind schedule, is now back on track, a report said. The Oryx Hills project, near the Al Areen Resort and

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Khaleeji Commercial posts $1.9m profit

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic lender, said its net profit for 2012 soared to BD751,000 ($1.9 million) from BD518,000 the previous year boosted by its retail and commercial banking business growth. In 201

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GFH mulls Khaleeji Commercial Bank unit merger

Gulf Finance House (GFH), a Bahrain-based investment bank, is studying options to merge its affiliate, Khaleeji Commercial Bank (KCB), with other Bahraini banks, said the company. GFH, which has undergone a number of debt restruct

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