 |
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… |
 |
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… |
 |
Al Salam in merger talks with regional bankBahrain's Al Salam Bank said on Wednesday it was in merger talks with an unnamed regional bank, almost a year after a tie-up with Bahrain Islamic Bank collapsed. More… |
 |
Tamkeen increases scheme value by $26mTamkeen and Bahrain Islamic Bank have signed an agreement to increase the enterprises financing portfolio by BD10 million ($26.53 million) as part of the Enterprise Financing Scheme, which Tamkeen offers in partnership with various banks in the More… |
 |
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… |
 |
Bahrain Islamic posts $1.4m Q1 net profitBahrain Islamic Bank registered at net profit of BD543,000 ($1.4 million) in first quarter of this year compared with BD1.5 million for the same period last year. Operating profit was BD2 million compared with BD2.5 million last time and t More… |
 |
Bahrain Islamic Bank ratings cutMoody's has cut Bahrain Islamic Bank's (BisB) supported issuer ratings to Ba3 / Not Prime from Ba1 / Not Prime following the rating agency's review for downgrade initiated in June last year. In addition, Moody's has set the More… |
 |
$4.5bn Bahrain Islamic, Al Salam merger offBahrain Islamic Bank and Al Salam Bank said on Thursday that merger talks between both lenders to form a banking giant collapsed due to disagreement on pricing. Both banks had said in July they initiated talks to form the kingdom's la More… |
 |
BisB registers $9.3m net profitBahrain Islamic Bank (BisB) achieved BD3.5 million ($9.28 million) net profit for the first nine months of the year. This was earned in spite of provisions for the decline in assets value and the increase in general provisions to BD3.2 mil More… |
 |
Bahrain Islamic Bank inks Takaful dealTakaful International Company and Bahrain Islamic Bank (BIsB) have signed a MoU under which the bank will be promoting services and insurance products to individuals that are provided by Takaful International Company. Takaful International More… |
