Friday 12 February 2016
 
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BiSB

BisB secures best retail bank award

Bahrain Islamic Bank (BisB) has won the Best Islamic Retail Bank in Bahrain 2015 award given by London-based International Finance Magazine. The bank’s win for the second year in a row is “a recognition of the progress of its busin

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Bahrain Islamic Bank names new HR head

Bahrain Islamic Bank (BisB) has appointed Dawood Al Ashhab as its new head of human resources and general services. Al Ashhab will be an integral part of the bank’s transformation team in realigning the talent management age

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BisB appoints new risk officer

Bahrain Islamic Bank (BisB) has appointed Fahim Ahmed as the bank’s new chief risk officer. Ahmed brings more than 17 years of international banking experience, where he held various roles in corporate banking and risk management, the la

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BisB posts net profit of $22m

Bahrain Islamic Bank (BisB) has announced it realised BD8.6 million ($22.6 million) as net profit on its activities for the first nine months of the current year, after deducting BD7.3 million as net provisions, compared with BD6.1 million for

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BisB approves capital reduction plan

Bahrain Islamic Bank (BisB) shareholders has approved reduction in the bank’s issued and paid-up capital to write off accumulated losses. The extraordinary general meeting at the bank’s headquarters in Al Salam Tower, Diplomatic Ar

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BisB vows to keep liquidity levels high

Bahrain Islamic Bank (BisB) has vowed to maintain strong liquidity levels as it continues to adopt a development strategy that would serve customers and shareholders, a report said. Chief executive Hassan Jarrar said the bank continues

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BisB posts 105pc rise in net income to $21m

Bahrain Islamic Bank (BisB) has posted an increase of 105 per cent in net income for the first six months of the year at BD8.2 million ($21.75 million), compared with BD4 million for the same period last year,  said a report in the Gulf

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BisB appoints new chief executive

Bahrain Islamic Bank (BisB) has appointed Hassan Jarrar as its new chief executive, with effect from July 1. Jarrar, who is currently the chief executive of Standard Chartered Bank Bahrain, will take over the reins from Mohammed A

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BisB named ‘best bank’ in Mena region

Bahrain Islamic Bank (BisB) has won the ‘Best Bank Award’ in the Middle East and North Africa (Mena) in straight through processing. The award is in recognition of its excellence and high efficiency, with a 94.20 per c

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BisB net profit rises 23pc to $7.9m

Bahrain Islamic Bank (BisB) has registered a net profit of BD3 million ($7.9 million) for the first quarter of this year, compared with BD2.5 million for the previous period, an increase of 23 per cent. Chairman Abdul Razak Al Qas

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