Monday 20 May 2013
 
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BBK

BBK registers record profit of $112m

Leading Bahrain bank BBK has declared a new annual profit record of BD42.4 million ($112 million) for last year compared with BD31.8 million in 2011. The bank has posted a robust growth in net interest income of 11.6 per cent to reach B

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Batelco hosts workshop for BBK

Bahrain’s leading business communications provider Batelco held a workshop recently for representatives of BBK bank as part of its strategic initiatives aimed at achieving improved experiences for its business customers. A n

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BBK launches new Al Wajaha account

Bahrain-based bank BBK has launched its upmarket Al Wajaha account, an exclusive banking service which has been carefully tailored to meet the banking, travel and lifestyle needs of its most discerning customers, said a report. In

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Cappinova profits steady

  Capinnova Investment Bank, the shari’a compliant investment banking arm of Bahrain-based BBK,  has reported a net profit of $418,000 for the three months ended 30th September 2012.   Th

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BBK's net profit rises 18pc to $83m

Bank of Bahrain and Kuwait (BBK) said its net profit for the first nine months rose 18.2 per cent from the same period last year to BD32.1 million ($83.4 million). "BBK's fundamental strengths, along with its clear strate

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BBK wins approval to boost India operations

Bank of Bahrain and Kuwait (BBK) said it has become one of only eight foreign banks to be granted permission to expand in India by the country's central bank. The Bahrain-based bank was among several international banks such a

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BBK unit set to expand operations

Bank of Bahrain and Kuwait (BBK) subsidiary Invita is set to expand its operations into Kuwait, said a senior official. The business process outsourcing (BPO) company has signed a joint venture shareholding agreement with Kuwait-b

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BBK conducts major crisis exercise

Bahrain-based BBK conducted a crisis management simulation exercise aimed at ensuring that critical banking services are recovered and available to customers in the shortest possible time in case of an unforeseen incident. "BBK has been co

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BBK, BMI Bank in $48m financing deal

BBK along with BMI Bank, through its Islamic banking division, has signed an agreement to provide a syndicated Murabaha BD18 million ($47.8 million) financing facility for Bahrain-based Arabian Sugar Company. As part of the agreement, BBK

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Capinnova posts $743,000 profit in Q1

Capinnova Investment Bank, the Shari’a compliant investment banking arm of BBK, reported a net profit of $743,000 for the first quarter of this year, compared to $1.2 million for the same period in 2011. The gross revenues for the first q

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