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BAB names NBB director as chairmanNational Bank of Bahrain (NBB) chief executive and director Abdul Razak Al Qassim has been chosen the new chairman of the Bahrain Association of Banks (BAB). The announcement of the new board was made at the association's annu More… |
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Egypt freezes assets in share trading probeEgypt has frozen the assets of 23 businessmen pending investigations into alleged stock market manipulation during the sale of Egypt's Al-Watany Bank to Kuwait's biggest lender in 2007, a source in the public prosecutor More… |
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NBB, insurance firm to buy major stake in BiSBNational Bank of Bahrain (NBB) and Social Insurance Organisation Asset Management Company (SIOAM) have announced that they were taking a controlling stake in Bahrain Islamic Bank (BisB). The two financial institutions said they ha 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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NBB-SIO eye stake in Bahrain Islamic BankThe National Bank of Bahrain (NBB) and Social Insurance Organisation (SIO) are in preliminary discussions with the Kuwait-based Investment Dar Company (TID) to acquire a key stake in Bahrain Islamic Bank (BisB), said a report. Suc More… |
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NBB registers net profit of $98.5mThe National Bank of Bahrain (NBB) recorded a three per cent jump in net profit in the first nine months of this year at BD37.03 million ($98.48 million), compared to BD35.95 million for the corresponding period in 2011. This came More… |
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NBB net profit for hits $66.8m in H1The National Bank of Bahrain (NBB) recorded a net profit of BD25.10 million ($66.76 million) for the first half of the year compared with BD24.09 million for the same period last year. This was achieved after setting aside BD6.06 More… |
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NBB Q1 profit up 3.5pc to $37.5 millionNational Bank of Bahrain (NBB) recorded a net profit of BD14.11 million ($37.53 million) for the first quarter of 2012, compared with BD13.63 million ($36.25 million) for the corresponding period of the previous year, an increase of 3.5 per cent. More… |
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NBB net profit rises 6pc to $121 millionThe National Bank of Bahrain (NBB) posted a net profit of BD45.64 million ($121 million) in 2011 compared to BD43.02m in 2010, an increase of 6.1 per cent. This marked another year of excellent financial performance despite challenges, sai More… |
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Batelco, NBB partner for eCommerce servicesBatelco, the leading telecom service provider in Bahrain, has partnered with the National Bank of Bahrain (NBB) to provide eCommerce and electronic payment services for eCommerce merchants. The eCommerce payment gateway is an electronic pa More… |
