Friday 19 April 2024
 
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seera investment bank

Seera total income rises to $34m

Bahrain-based Seera Investment Bank has reported a total income of $34 million for 2013, an increase of 170 per cent over the previous year. The Sharia-compliant investment bank's net profit for the year was $4.1 million compa

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Seera's H1 net income triples to $5.1m

Bahrain-based Seera Investment Bank, a leading Islamic bank, reported a net income of $5.1 million for the first half of this year compared with a net income of $1.7 million for the same period last year. Total income was $8.5 mil

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Seera posts $12m income for 2012

Bahrain-based Seera Investment Bank has posted a total income of more than $12 million for last year, with a net profit of approximately $7 million, said a report. This compares with a net profit of approximately $61 million for 2

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Seera seals London student housing contract

Bahrain-based Seera Investment Bank has negotiated a Sharia-compliant structured financing facility to develop a new purpose built student housing project and commercial property in central London. When completed next year, the pr

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Seera Investment Bank net income hits $73m

Bahrain-based Seera Investment Bank has reported a net income before provisions of $73.4 million, thanks to the bank's recent exit from one of its major investments last year. Announcing the results on Tuesday, the Sharia-compliant ban

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Seera Investment profit hits $64m

Seera Investment Bank has reported a profit of $64 million for the first nine months of this year, up from $7 million for the same period last year. The strong results reflect the performance of Seera's investment portfolio and confirm the

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Seera Investment posts $64m net profit

Bahrain-based Seera Investment Bank's sale of UK-based BWA Water Additives (BWA) for $300 million saw the bank posting a net profit of $64.1 million for the first half of the year against $3 million for the same period last year. The stron

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Seera Investment Bank wins award

Seera Investment Bank, a Shari’a compliant investment bank headquartered in Bahrain, won the Banker Middle East’s “Fastest Growing Bank in Bahrain” award at a ceremony held in Dubai. The award was based on the quantitative analysis of key

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Seera Investment Bank Q1 net profit rises

Seera Investment Bank, a Shari’a compliant investment bank in Bahrain, posted a net profit of $2.6 million for the first quarter, compared to $0.5 million for the same period last year. The bank reported a net profit of $7.2 million for 20

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Seera wins top award for UK deal

Bahrain-based Seera Investment Bank's leveraged buyout of BWA has been awarded the Deal of The Year 2009 by The Banker magazine. Seera Investment Bank was recognised for its acquisition of the leading UK-based water treatment solution

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