Tuesday 2 September 2014
 
»
Tag
 
»
UGB

UGB net profit in H1 drops 41pc to $9.7m

United Gulf Bank (UGB) yesterday announced a net profit of $9.7 million for the first half of this year as against $16.5 million during the same period last year, marking a 41.3 per cent decrease. Net income attributable to the sh

More…

UGB net profit surges 24pc to $16.5m in H1

United Gulf Bank (UGB), the investment banking platform of the Kipco Group, has posted a net profit of $16.5 million for the first half of this year, marking a 24 per cent rise over $13.3 million registered in same period last year.

More…

UGB Q1 net soars 89pc to $9.1 million

United Gulf Bank (UGB) has announced a net profit of $9.1 million for the first quarter of this year year, an 89 per cent increase over the first three months of 2011. UGB is the asset management and investment banking platform of the Kipc

More…

UGB posts $13m profit for H1

United Gulf Bank (UGB) yesterday posted a first half net profit of $13.3 million compared with $31.8 million a year ago. UGB is the asset management and investment platform of Kipco Group. Total income during the first half decreas

More…

UGB profit up 114pc to $31.8m

Bahrain-based United Gulf Bank (UGB), the asset management and investment banking platform of the Kipco Group, has reported a 114 per cent increase in net profit during the first half of this year compared to the same period last year. Net

More…

Kipco to sell key Burgan stake to UGB

Kuwait Projects Co (Kipco) plans to sell a 13 per cent stake in its commercial banking arm Burgan Bank to its 96-per cent owned unit United Gulf Bank, the firm said on Monday. Kipco said it will not book any profits or losses from the tran

More…

UGB gets Kuwait cbank nod for Burgan stake

Bahrain-based United Gulf Bank, the investment banking unit of Kuwait Projects Company (Kipco), has got Kuwaiti central bank approval to acquire a 20 percent stake in Burgan Bank. The approval is valid for three months, and UGB is still aw

More…

UGB sells Tunis stake to Burgan for $120m

Bahrain-based United Gulf Bank (UGB), the investment banking unit of Kuwait Projects Co (Kipco), said on Sunday it has sold its stake in Tunis International to Burgan Bank for $120 million.    UGB said in a statement to Bah

More…

UGB postpones bond due market conditions

Bahrain-based United Gulf Bank has postponed a planned bond sale due to market conditions, sources said, becoming the latest in a string of emerging corporates forced to put debt-raising plans on hold. A source close to the deal said: '

More…

Moody's downgrades Kipco

Kuwait Projects Company Holding (Kipco), whose subsidiaries include Bahrain-based United Gulf bank (UGB), has been downgraded by Moody's Investors Service. The ratings agency has changed its outlook to on the company to negative from stabl

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads