Sunday 20 April 2014

Bahrain's Khaleeji Commercial 'open to Alkhair merger'

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic retail bank, has completed due diligence on a proposed merger with another Bahraini lender Bank Alkhair, said a report. KHCB shareholders were told yesterday by chairman Dr


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

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