Bahrain Islamic relaunches premium banking servicesBahrain Islamic Bank (BisB) has announced the relaunch of its Al Thuraya Premium Banking Services with a selection of new unique features tailored to cater to the needs of High Net Worth Individuals (HNWIs) as part of its ongoing commitment to More… |
Al Baraka Banking Group Q3 profit rises 4pcAl Baraka Banking Group , the Bahraini Islamic lender with operations in more than a dozen countries, posted a 4 per cent increase in third-quarter net income on Tuesday. The bank, which has operations across the Middle East, Asia More… |
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… |
CBB warns Bahrain Islamic BankBahrain's central bank issued a formal warning to Bahrain Islamic Bank for not disclosing its quarterly net loss in a press release this month, it said in a letter to the bank published on Tuesday. The central bank said it had ordered the More… |