BBK

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Recent Articles

• Bahrain central bank moves to limit banks' property exposure30 July 2009

  New regulation capping Bahraini banks' exposure to come into effect on Aug 1.

• Bahrain's Capinnova to co-invest in $50m retail sector project27 June 2009

  Bank of Bahrain & Kuwait unit signs Islamic project finance deal for local mall.

• Kuwait's Global offloads $17m stake15 February 2009

  Kuwait's Global Investment House sells stake in Palestinian real estate firm as financial crisis bites.

• BBK launches Islamic investment banking arm13 January 2009

  Shari'a compliant launch by the Bank of Bahrain and Kuwait has paid-up capital of $125mn.

• Bahrain real estate prices 'to fall up to 25% in 2009'24 December 2008

  CEO of Islamic lender predicts big drop if current market conditions continue.

• Bahrain's Ithmaar Bank to up BBK stake via Shamil swap1 December 2008

  Share-swap to act as merger between the two banks after shareholder approval.

• Bank of Bahrain and Kuwait Q3 in the red19 October 2008

  BBK posts $10.7mn quarterly loss as it makes provisions, marks down investments valuations.

• Bank of Bahrain and Kuwait Q2 profit rises 32% 27 July 2008

  Bank reports quarterly net income of $35mn, gives no pointers.

• GCC banks to sell Bahraini bank stakes30 September 2007

  Commercial Bank of Kuwait and Peal of Kuwait Real Estate reach deal to sell stakes in Bank of Bahrain.

• Kuwait investors eye BBK stake25 August 2007

  Several investors are considering buying the Commercial Bank of Kuwait's 20% stake in the Bahraini lender.