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BBK extends support to key BAB event in WashingtonThe Bank of Bahrain and Kuwait (BBK) has extended support to a key networking event to be organised by the Bahrain Association of Banks (BAB) in Washington, D.C., in October, aimed at enhancing the leadership of Bahrain's banking sector. More… |
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National Bank of Bahrain says in merger talks with BBKThe National Bank of Bahrain, a leading financial institution in the kingdom, has announced that it has begun initial discussions with the Bank of Bahrain and Kuwait (BBK) about a potential merger. Es More… |
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BBK appoints key official for Dubai officeThe Bank of Bahrain and Kuwait (BBK) has appointed Ali Ehsan Abbas as its new chief representative for Dubai office. Effective from Sunday, Abbas will take over the position from C K Jaidev, who in turn will become assistant gener More… |
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BBK's net profit rises 18pc to $83mBank of Bahrain and Kuwait (BBK) said its net profit for the first nine months rose 18.2 per cent from the same period last year to BD32.1 million ($83.4 million). "BBK's fundamental strengths, along with its clear strate More… |
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BBK supports ‘Banks in Bahrain’ receptionBank of Bahrain and Kuwait (BBK) has announced its ongoing support of the Bahrain Association of Banks’ (BAB) annual Banks in Bahrain reception at the 187-nation IMF / World Bank meetings. Hosted by BAB, the event will take place in Tokyo More… |
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BBK sets terms for $275m exchange offerBank of Bahrain and Kuwait (BBK) in Bahrain unveiled terms on Wednesday for its planned $275 million debt swap which will see it exchange the bonds for new senior notes due in 2018, in a bid to improve its liquidity profile. Under the More… |
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Islamic finance industry 'will grow in 2009'The Islamic finance industry in the region will gather momentum in 2009, according to the head of ‘Capinnova Investment Bank’, the Shari’a compliant investment banking arm of Bank of Bahrain and Kuwait (BBK). 'We are confident about th More… |
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BBK fund targets Indian marketBank of Bahrain and Kuwait (BBK) has launched a new fund which would allow investors access to the Indian equity markets. The BBK-Rainbow Fund, a dollar denominated medium-term open ended multiple class structure was launched on September More… |
BBK plans rights issueBank of Bahrain and Kuwait (BBK) is preparing for a BD50 million ($132.6 million) increase of its tier-one capital through a rights issue. The capital increase, which is the first for BBK in 15 years, will take its tier-one capital up to B More… |
BBK profit rises 19pcBank of Bahrain and Kuwait has announced a 19.4 per cent hike in its half-yearly profits to BD19.5 million. Net profits for three months ended 30 June grew to BD9.9 million, compared to BD7.3m for the same period in 2006, an increase of 3 More… |