Sunday 20 April 2014
 
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BBK

BBK unveils big India expansion plans

India has become an important market for BBK and it plans to have a five-branch operation in the country, the bank's chairman has said. Speaking to the Gulf Daily News, our sister publication, on the sidelines of the bank'

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BBK closes ING Mena fund

Bahrain-based BBK has announced the successful liquidation of its open-ended equity fund which was set up in partnership with Dutch financial group ING. The liquidation of 'BBK-ING Mena Fund' follows an earlier decision by

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Cash machine for the blind installed in Bahrain

A specially equipped cash machine has been installed for the blind and partially sighted in Isa Town. The ATM was unveiled in a ceremony yesterday by the Bank of Bahrain and Kuwait (BBK) at its Financial Mall, said a report in the

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BBK's net profit surges 6.4pc

Bahrain-based lender BBK has reported a 6.4 per cent growth in its net profit for 2013 which hit BD45.1 million ($119.6 million)  compared to BD42.4 million the year before. The bank's net interest income grew 4.7 per cen

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BBK launches new Secura products

Bahrain-based BBK has joined hands with Bahrain Kuwait Insurance Company (BKIC) to launch a new range of products under its bancassurance brand, Secura. Having a more than a decade-long partnership with BKIC, the bank was one of t

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BBK gets Fitch ratings upgrade

Bahrain-based lender BBK said Fitch Ratings has upgraded its long-term issuer default rating (LT IDR) to 'BBB' (with a 'stable' outlook) from 'BBB-', and has also revised its support rating floor (SRF) to 'BBB' fr

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BBK wins STP award from JP Morgan

Bahrain-based BBK said it has won the 2013 Quality Recognition award from JP Morgan for achieving a very high 'straight-through-processing' (STP) rate for funds transfers. STP is the automated process of payments which inc

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BBK 9-month net profit surges 7.7pc

Leading Bahrain bank BBK has registered a BD34.5 million ($91.5 million) net profit for the first nine months, up 7.7 per cent compared to BD32.1 million for the same period last year. The growth in net profit was driven by higher

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Top business award for BBK

Bahrain bank BBK said it was honoured with a BIZZ 2013 Award by the World Confederation of Businesses (WorldCob) at a ceremony held in Dubai.   WorldCob is a leading business organisation based in Houston, Texas,

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BBK wins key ISO certifications

Bahrain-based bank BBK has achieved ISO 27001 and ISO 22301 certifications for its Information Security Management System (ISMS) and Business Continuity Management System (BCMS). The International Organisation for Standardisation

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