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NBB completes BisB share purchaseNational Bank of Bahrain (NBB) and SIO Asset Management Company (SIOAM) have completed the purchase of The Investment Dar's and associated companies' shareholding of 51.6 per cent in Bahrain Islamic Bank (BisB). SIO Asset More… |
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NBB expands branch networkNational Bank of Bahrain (NBB) has opened its 26th branch in the kingdom. The new branch at Bukowarah in Riffa area further reinforces NBB's position as the bank with the largest branch network in Bahrain, reported the Gulf Da More… |
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NBB profit jumps 5.1pc to $39.4mNational Bank of Bahrain (NBB) has reported a net profit of BD14.83 million ($39.44 million) for the first quarter, up 5.1 per cent compared to BD14.11 million for the same period last year. The financials were approved at the NBB More… |
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NBB gets Fitch ratings boostFitch Ratings has affirmed National Bank of Bahrain's (NBB) long-term issuer default rating (IDR) at 'BBB' and viability rating (VR) at 'bbb'. The outlook on the long-term IDR is stable. The ratings agency said More… |
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BisB eyes growth after stake buy by NBBBahrain Islamic Bank (BisB) is looking towards rebounding to profitability and growth in a short time, following the strategic stake acquisition by National Bank of Bahrain and Social Insurance Organisation (SIO), a senior official said. More… |
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NBB plans to acquire Bahrain Islamic BankThe 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 More… |
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Bahrain property holders denied title deedsMore than 100 homeowners at a top development in Bahrain are being denied the title deeds to their properties because the company behind the development defaulted on a loan from a bank, a report said. Titles to 141 properties are More… |
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NBB net profit hits $126.3m in 2012National Bank of Bahrain (NBB) has registered a net profit of BD47.50 million ($126.33 million) in 2012, up 4.1 per cent compared to BD45.64 million recorded the year before. Strong growth in revenue and careful expense manageme More… |
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NBB chief wins major awardNational Bank of Bahrain (NBB) chief executive Abdulrazak Al Qassim was recently awarded the 'Brand Leadership Award' at the World Brand Congress held in Mumbai, India. This award for Al Qassim comes close on the heels of More… |
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NBB wins top honours at Qatar eventThe National Bank of Bahrain (NBB) has won the BIZZ 2012 Award under the inspirational company category at the World Confederation of Businesses awards ceremony in Qatar. NBB chief executive and director Abdul Razak Al Qassim was More… |
