Wednesday 1 June 2016
 
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Kuwait Finance House

Kuwait Finance House Q1 profit up 14pc

Kuwait Finance House (KFH) reported a 14 per cent rise in first-quarter net profit according to a statement on Wednesday, as the country's biggest Islamic lender set aside less cash for bad loans and recorded lower expenses. N

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KFH to set up Islamic Turkish funds firm

Kuwait Finance House (KFH), the country's biggest Islamic lender, will set up a sharia-compliant asset management unit under its Turkish bank branch, the lender said. Kuwait Finance House Turk will establish five sharia-compli

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KFH to set up Islamic Turkish funds firm

Kuwait Finance House (KFH), the country's biggest Islamic lender, will set up a Sharia-compliant asset management unit under its Turkish bank branch, the lender said. Kuwait Finance House Turk will establish five sharia-compli

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KFH posts $480m net profit for 2015

Kuwait Finance House (KFH) posted a net profit of KD145.8 million ($479.8m) for the fiscal year 2015 compared with KD126.5 million for 2014, an increase of 15.3 per cent, a report said. Earnings per share increased to reach 31.1 f

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Top Qatari lender in talks to buy KFH's Malaysia unit

Qatar National Bank (QNB), the largest bank in the Gulf region, is in preliminary talks to buy Kuwait Finance House's (KFH) Malaysia unit, the Qatari lender said on Thursday. No agreements had been reached over a potential dea

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KFH pivots to Turkey as it mulls Malaysia exit

Kuwait Finance House (KFH) is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for a leaner structure while seeking greener pastures through its Turkey franchise. Kuwait's second l

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KFH Q4 net profit up 35.8pc to $123m

Kuwait Finance House (KFH), the Gulf State's largest sharia-compliant bank by assets, reported a 35.8 per cent jump in fourth-quarter net profit on Monday, according to Reuters calculations. Kuwaiti banks have had firm to stro

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KFH's Turkey unit gets $350m Islamic loan

Kuwait Finance House (KFH), the country's largest lender, said its Turkish subsidiary has secured a $350 million syndicated Islamic loan. The dual-currency murabaha transaction for Kuveyt Turk was arranged in two tranches, one

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GFH obtain $105 m facility from KFH

Bahrain's Gulf Finance House (GFH) said on Wednesday that it had signed to obtain a $105 million, five-year Islamic credit facility from Kuwait Finance House (KFH), which would help GFH redeem two syndicated debt facilities and allow the rel

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KFH-Bahrain staff get key UK certificate

Kuwait Finance House - Bahrain (KFHB) said two of its employees have been awarded certificates for successfully completing the International Trade Finance (CITF) programme from the Institute of Financial Services, UK, after attending a preparato

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