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Ithmaar Bank

Ithmaar Bank enables digital onboarding

Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a new digital onboarding service, allowing new corporate clients to open corporate accounts digitally.    This innovative solution enables busi

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Ithmaar Bank enables digital onboarding

Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a new digital onboarding service, allowing new corporate clients to open corporate accounts digitally.    This innovative solution enables busi

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Ithmaar Bank turns around, posts $20.5m net in Q1

Ithmaar Bank, a Bahrain-based Islamic retail bank, posted a total net profit for the first quarter (Q1) of BD7.74 million ($20.5 million) compared to BD0.23 million net loss reported for the same period in 2023. This is mainly due to higher co

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Ithmaar Bank reports 27.7% rise in 2023 profit

Ithmaar Bank, a Bahrain-based Islamic retail bank, reported a net profit attributable to equity holders for the year ended 31 December 2023 of BD3.96 million ($10.51 million), a 27.74 percent increase compared to the net profit of BD3.1 millio

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Ithmaar Bank organises internship programmes

Ithmaar Bank, a Bahrain-based Islamic retail bank, is continuing its long-standing tradition of hosting its Ithmaar Energy and Ithmaar Guide internship programmes.    The internship programmes, developed as

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Ithmaar Bank organises internship programmes

Ithmaar Bank, a Bahrain-based Islamic retail bank, is continuing its long-standing tradition of hosting its Ithmaar Energy and Ithmaar Guide internship programmes.    The internship programmes, developed as

More…

Ithmaar Bank reports $22m net profit for 2022

Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a total net profit of BD8.34 million ($22  million) for FY 2022 compared to a net profit of BD5.16 million ($13.6 million) the year before. This was mainly due to higher core

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Ithmaar Bank inaugurates new Main Branch for businesses

Ithmaar Bank, a Bahrain-based Islamic bank, has inaugurated its new Main Branch, exclusively for businesses and corporate customers.    The inauguration follows days after the Central Bank of Bahrain (CBB),

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Ithmaar Bank inaugurates new Main Branch for businesses

Ithmaar Bank, a Bahrain-based Islamic bank, has inaugurated its new Main Branch, exclusively for businesses and corporate customers.    The inauguration follows days after the Central Bank of Bahrain (CBB),

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Ithmaar Bank narrows net loss to $6.9m in 9 months

Ithmaar Bank, a Bahrain-based Islamic retail bank, has posted a net loss of BD2.62 million ($6.9 million) attributable to equity holders for the first nine months of the year compared to the net loss of BD4.18 million ($11 million) reported for

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