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banking

SICO reports BD 3.0 million net profit for the year ended December 31, 2020

March 1, 2021

SICO BSC (c), licensed as a conventional wholesale bank by the Central Bank of Bahrain (CBB), announced its consolidated results for the fourth quarter......

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NBB supports UOB Students in the Solar Decathlon

March 1, 2021

In line with its efforts to support the advancement of the Kingdom in various sectors, the National Bank of Bahrain B.S.C. (NBB) is sponsoring a......

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CBB’s Monthly Issue of Treasury Bills oversubscribed

February 25, 2021

Manama, Feb. 24 (BNA): Central Bank of Bahrain (CBB) has announced that the BD 35 million monthly issue of Government Treasury Bills has been fully......

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AUB reports net profit of US$ 452.2 Million for the year 2020

February 24, 2021

Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 42.9 million for Q4/2020 (Q4/2019: US$ 172.1 million,......

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Ithmaar Bank reports 97% Bahrainisation

February 24, 2021

Ithmaar Bank, a Bahrain-based Islamic retail bank, recognised 36 employees, including 35 Bahrainis, for their contributions to the bank’s ongoing......

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CBB Treasury Bills oversubscribed by 287%

February 23, 2021

This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 287%. The bills, carrying a maturity of 91 days, are......

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Investcorp acquires KSM Consulting

February 23, 2021

Investcorp, a leading global provider and manager of alternative investment products, announced that one of its affiliates has acquired a majority......

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Arig reported its financial results for year ended 31st December 2020

February 22, 2021

Arab insurance Group (B.S.C.) (Arig) recorded a consolidated net profit of US$ 10.5 million, attributable to shareholders, for the fourth quarter......

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NBB introduces additional flexible payment options for homebuyers

February 22, 2021

The National Bank of Bahrain (NBB) is pleased to announce a new feature for prospective property buyers as part of the bank’s mortgage loan......

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Ithmaar Bank reports 2020 financial results, continues stable, customer-centric growth

February 21, 2021

Ithmaar Bank B.S.C. (Closed), a Bahrain-based Islamic retail bank, said it continues to focus on customer-centric growth and on becoming the Islamic......

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