Wednesday 25 November 2015
Bahrain Islamic

Al Baraka Banking Group Q3 profit rises 4pc

Al Baraka Banking Group , the Bahraini Islamic lender with operations in more than a dozen countries, posted a 4 per cent increase in third-quarter net income on Tuesday. The bank, which has operations across the Middle East, Asia


NBB plans to acquire Bahrain Islamic Bank

The National Bank of Bahrain (NBB) is likely to acquire the loss-making Bahrain Islamic Bank (BisB) and give itself an Islamic finance arm, said a top official. "We are in talks with BisB and we expect to make an announcement


CBB warns Bahrain Islamic Bank

Bahrain's central bank issued a formal warning to Bahrain Islamic Bank for not disclosing its quarterly net loss in a press release this month, it said in a letter to the bank published on Tuesday. The central bank said it had ordered the

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