Tuesday 19 March 2024
 
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International Investment Bank

Bahrain bank exits Airbus aircraft investment, opens new hotel

Bahrain-based International Investment Bank (IIB) has announced a successful exit from its investment in an Airbus wide-body aircraft leased to a European airline, which generated an internal rate of return (IRR) of 18 per cent. T

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Bahrain bank exits Airbus aircraft investment, opens new hotel

Bahrain-based International Investment Bank (IIB) has announced a successful exit from its investment in an Airbus wide-body aircraft leased to a European airline, which generated an internal rate of return (IRR) of 18 per cent. T

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IIB posts profit in Q1

International Investment Bank (IIB), a globally focused sharia-compliant investment bank based in Bahrain, posted a net profit attributable to equity holders of $0.24 million for the three month period ended on March 31, compared to a net loss

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IIB exits from two property investments

Bahrain-based International Investment Bank (IIB) announced its exit from real estate investments in the United Arab Emirates and Germany for a combined value of $163.1 million. This will boost its liquidity as it considers other

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IIB exits in profit from aircraft leasing deal

Bahrain-based International Investment Bank (IIB) has announced the disposal of a Boeing 777-300 ER aircraft, resulting in more than 30 per cent IRR for the bank. The aircraft, which was purchased by IIB in a sale and leaseback tr

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Bahrain IIB registers $6m net profit

Bahrain-based International Investment Bank (IIB) has announced a net profit of $6 million for last year. The Islamic investment bank had reported a return to profitability in 2012, posting gains of $8.2 million. Investment bankin

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IIB swings to $8.2m net profit

Bahrain-based International Investment Bank (IIB), a globally-focused Islamic investment bank, has posted solid growth registering a $8.2 million net profit for 2012, compared to a net loss of $9.4 million a year ago. Announcing t

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IIB offers dividends for 5th consecutive year

Bahrain-based International Investment Bank (IIB) has announced key dividends to its investors in IIB Automotive Limited (IAL) for the fifth consecutive year, mainly due to the bank's strong performance in Tunisian market. IAL owns

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Bahrain IIB swings to Q1 net income

Bahrain-based International Investment Bank (IIB) said it has registered a net income of $1.7 million for the first quarter of 2012 compared to a net loss of $1.3 million in the same period last year. Announcing the results, IIB said its t

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IIB staff to get anti-money laundering training

International Investment Bank (IIB), a Bahrain-based Islamic investment bank, said it has signed a strategic agreement with Trident Financial & Accounting Consulting to provide online anti-money laundering training to its staff. Triden

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