Sunday 30 April 2017
 
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Venture Capital Bank

Venture Capital Bank posts $9.3m profit

Venture Capital Bank (VCBank) reported a net profit of $9.3 million for the year ended June 30 compared with $14.1 million for the previous year, reported the Gulf Daily News, our sister publication. To read further, plea

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GCC investors in Turkish ice-cream chain partnership

Bahrain-based Venture Capital Bank (VCBank) said it has joined hands with Qatar’s Al Sraiya Holding Group and other strategic investors for a strategic partnership with Mado Yasar Dondurma (Mado), Turkey’s largest patisserie and ice-

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Venture Capital Bank appoints new chairman

Venture Capital Bank (VCBank) appointed Abdulfatah Marafie chairman and Mohammed AlSarhan deputy chairman, reported the Gulf Daily News, our sister publication. To read further, please visit

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VCBank posts 84pc rise in annual profit

Bahrain-based Islamic investment bank, Venture Capital Bank (VCBank), reported a net profit of $15 million for the year ended June 30, representing an 84 per cent increase over the prior 12 month period net profit. It also reporte

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VCBank posts $5.3m net profit

Bahrain-based Venture Capital Bank (VCBank) has reported a net profit of $5.3 million for the nine months ended March 31 this year as against $7.2 million for the corresponding comparative period last year. The total revenues were

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VCBank-Hanco buy Byrne Investment, units

Bahrain-based Venture Capital Bank (VCBank), and Hanco, a Susi Arabian fleet management company, and Hanco have acquired Byrne Investment Limited (BIL) and its subsidiary companies Byrne Equipment Rental and Spacemaker, a report said.

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VCBank posts $4.3m H1 net profit

Bahrain-based Venture Capital Bank (VCBank) has reported a net profit of $4.3 million for the six months period ended December 31 compared to $5.5 million the previous year. VCBank continued to show profitable performance with the

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VCBank swings to $21m net profit

Bahrain-based Venture Capital Bank (VCBank) has reported a net profit of $21.1 million for the 18 month-period ended June 30, 2013 compared with a loss of $58.7 million for the calendar year 2011. The net profit for the period is

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VC Bank swings to quarterly profit

Venture Capital Bank (VCBank), a Bahrain-based Islamic lender, has reported a net profit of $20.2 million for the 15-month period ended March 31 when compared to a loss of $58.7 million for the same period in 2011. The Islamic ban

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Venture Capital swings to $58m profit

Bahrain-based Venture Capital Bank (VCBank), has reported a net profit of $18.5 million for the twelve months ended December 31, 2012 compared to a loss of $58.7 million the previous year. A leading regional Islamic investment ban

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