• World Islamic Banking Conference
NBB wins Citi Bahrain’s performance excellence award

NBB wins Citi Bahrain’s performance excellence award

The National Bank of Bahrain (NBB) has received a special award from Citi Bahrain for its leadership in the payment space. The Citi 2017 Performance Excellence Award honours NBB for achieving a Treasury Straight- through Processing (STP) rate of 99 per cent and Commercial STP rate 95pc during 2017.

Correspondent Banking Group Director at Citi, Abdul Mohsin Al Mahdi presented the Award to NBB’s Chief Executive – Treasury, Capital Markets & Wealth Management, Hussain Al Hussaini. Al Hussaini said that it was an honour for NBB to be recognised for high quality of payment performance and standards.




GFH profit rises 18.6pc

GFH profit rises 18.6pc

GFH Financial Group yesterday reported an 18.6 per cent increase in ninemonth net profit helped by continued growth and stronger contributions from its core investment banking business and other related investment income. Net profit at

APM commences IPO

APM commences IPO

Bahrain’s BD11.880 mn APM Terminals IPO has met with positive investor appetite said SICO in a statement saying, “we look forward to closing with a fully-subscribed offering.” The offer period for the APM Terminals Ba

Ithmaar reports profit

Ithmaar reports profit

I thmaar Holding, a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank, a Bahrain-based Islamic retail bank, each announced their financial results for the third quarter of 2018 with both reporting profi


Loman, Efrain show mutual respect

Loman, Efrain show mutual respect

MMA is known for intensive rivalries that had often transcended beyond the sport from time to time. Stephen Loman from Philippines will be defending his Bantamweight world championship title at Brave 18 taking place on 16th November in

GFH profit rises 18.6pc

GFH profit rises 18.6pc

GFH Financial Group yesterday reported an 18.6 per cent increase in ninemonth net profit helped by continued growth and stronger contributions from its core investment banking business and other related investment income. Net profit at

APM commences IPO

APM commences IPO

Bahrain’s BD11.880 mn APM Terminals IPO has met with positive investor appetite said SICO in a statement saying, “we look forward to closing with a fully-subscribed offering.” The offer period for the APM Terminals Ba

Ithmaar reports profit

Ithmaar reports profit

I thmaar Holding, a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank, a Bahrain-based Islamic retail bank, each announced their financial results for the third quarter of 2018 with both reporting profi