Thursday 23 May 2013
 
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Khaleeji Commercial Bank

KHCB inks new retail business accord

Khaleeji Commercial Bank has signed a three-way memorandum of understanding with Bahrain Defence Force's Military Consumer Association (MCA) and its main supplier Glabrous International. The signing took place at KHCB's he

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$52m housing project in Bahrain ‘back on track’

Construction work on a BD20 million ($52.3 million) housing development on Bahrain, which has fallen more than three years behind schedule, is now back on track, a report said. The Oryx Hills project, near the Al Areen Resort and

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Khaleeji Commercial posts $1.9m profit

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic lender, said its net profit for 2012 soared to BD751,000 ($1.9 million) from BD518,000 the previous year boosted by its retail and commercial banking business growth. In 201

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GFH mulls Khaleeji Commercial Bank unit merger

Gulf Finance House (GFH), a Bahrain-based investment bank, is studying options to merge its affiliate, Khaleeji Commercial Bank (KCB), with other Bahraini banks, said the company. GFH, which has undergone a number of debt restruct

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KHCB opens new branch in Bahrain

Bahrain-based Khaleeji Commercial Bank's (KHCB) opened its seventh branch in the kingdom in Hidd City. It was officially opened by Central Bank of Bahrain director of Islamic financial institutions Hussain Ali Sharaf yesterday

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KHCB launches SME financing scheme

Bahrain-based Khaleeji Commercial Bank (KHCB) has launched its new financing scheme for small and medium enterprises (SMEs) to enhance productivity and growth in the market to achieve economic development in the kingdom. "One

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Khaleeji to launch major Qatar project

Bahrain-based Khaleeji Commercial Bank will be officially launching its mixed-use Al Jawhara City project in Qatar at an event in Doha on October 17. As one of Qatar's few freehold projects, Al Jawhara City is an exciting inve

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KHCB plans 3 new branches in Bahrain

Bahrain-based Khaleeji Commercial Bank (KHCB), a major Islamic retail bank, will open two fully operational branches in the kingdom shortly, with plans for a third to be announced soon. “KHCB’s increased presence across Bahrain emphasizes

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KHCB hosts Liechtenstein prince

Khaleeji Commercial Bank (KHCB) hosted a lunch for Prince Philipp von und zu Liechtenstein, a member of the royal family of the Principality of Liechtenstein, a country known for its strong financial sector. Prince Philipp is chairman of t

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Khaleeji, Meydan arrange financing deal

Khaleeji Commercial Bank (KHCB) has arranged a financing deal with Meydan Group worth $40 million for the group’s general working capital requirements and funding of various on-going projects, including the Meydan City in Dubai. Fuad Taqi

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