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Moody’s upgrades KHCB ratingKhaleeji Commercial Bank (KHCB), one of Bahrain’s leading Islamic banks, has announced that Moody’s, an international bond credit rating agency, has confirmed its rating of the bank’s long-term counterparty risk assessment at & More… |
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GFH plans to list Khaleeji Commercial in DubaiGFH Financial Group (GFH) has announced plans to list its Khaleeji Commercial Bank (KHCB) at the Dubai Financial Market (DFM) to unlock its market potential. The listing is subject to obtaining regulatory approvals in Bahrain, sai More… |
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Khaleeji posts 71pc jump in net profitKhaleeji Commercial Bank (KHCB), a Bahraini Islamic retail bank, has reported a growth of 70.7 per cent in net profit for the first quarter at BD2.85 million ($7.43 million) when compared with BD1.67 million for the same period last year, report More… |
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Khaleeji Commercial declares 5pc bonus sharesBahrain-based Khaleeji Commercial Bank (KHCB), a leading Islamic bank, held its annual general meeting (AGM) yesterday (March 15) in Bahrain, where it was approved to distribute five per cent of paid-up capital as bonus shares to shareholders. More… |
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Bahrain's Khaleeji Commercial 'open to Alkhair merger'Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic retail bank, has completed due diligence on a proposed merger with another Bahraini lender Bank Alkhair, said a report. KHCB shareholders were told yesterday by chairman Dr More… |
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New CEO for Khaleeji CommercialKhaleeji Commercial Bank (KHCB), one of the leading Islamic commercial banks in Bahrain, has appointed Khalil Ismaeel Al Meer as the bank’s new chief executive officer. Al Meer comes to KHCB with extensiv More… |
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KHCB's H1 profit tops $2.7 millionBahrain-based Khaleeji Commercial Bank (KHCB) posted a net profit of BD1.02 million ($2.7 million) for the first half of the year compared with BD7.12 million during the same period last year. The bank's commercial banking business con More… |
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GFH eyes $250m asset saleGulf Finance House (GFH) plans to raise $250 million through asset sales this quarter, and has made lay-offs to cut costs, its acting CEO said. Ted Pretty told the Reuters Islamic Banking and Finance summit in Manama that the troubled inve More… |
