Friday 4 September 2015
 
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Warba Bank

Warba Bank H1 profit soars record 633pc

Kuwait-based Warba Bank reported a net profit growth of 633 per cent to reach KD315,000 ($1.03 million) for the first half of 2015 compared to KD43,000 for the first six months of 2014. Total income grew by 37 per cent to reach KD

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Warba Bank honours employees

Kuwait-based Warba Bank has honoured its employees from the retail banking group for achieving the required sales targets in April and May. The bank is keen on motivating and encouraging employees as part of its advanced strategy

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Warba Bank arranges $150m loan for IBA

Kuwait-based Warba Bank recently arranged a $150 million Sharia-complaint syndicated finance facility for the International Bank of Azerbaijan (IBA). The facility has a tenor of one year with a bullet repayment due at maturity. Wa

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Warba bank posts profit

Warba Bank has achieved a net profit of KD43,000 ($152,137) by the end of the second quarter 2014 compared to a loss of KD2.141 million for the same period in 2013. The bank's financial statement indicates that the bank has ac

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Warba Bank to list on stock market Sept 3

Warba Bank, a Kuwait-based Islamic lender set up three years ago, will be listed on the country's stock exchange on September 3 after a restriction on public trading of the stock ended, an analyst and an industry source familiar with the mat

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Warba acquires Weatherford Oman property

Kuwait-based Islamic lender Warba Bank said it has acquired the Muscat office building of leading oilfield services company Weatherford Middle East as part of its strategy to capitalise on unique investment opportunities in the region.

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Warba acquires Weatherford Oman property

Kuwait-based Islamic lender Warba Bank said it has acquired the Muscat office building of leading oilfield services company Weatherford Middle East as part of its strategy to capitalise on unique investment opportunities in the region.

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Warba Bank boosts investments portfolio

Warba Bank, an upcoming Islamic lender in Kuwait, has made significant progress over the past year in building its portfolio of investments in the region and the world, based on its strong business model and extensive networks of business contac

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Warba Bank appoints new technology officer

Warba Bank has announced the appointment of Haitham AbdulAziz Husain Al- Terkait as chief technology officer. Al-Terkait brings significant experience of the IT sector, and his appointment will play a key role in developing the ba

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Warba gives away 12 Mini Coopers

  Warba Bank, the youngest Islamic bank in Kuwait, celebrated the conclusion of its “La t7aty” campaign launched in September by giving away new Mini Coopers to 12 its winner customers.  

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