For the first time since the 1930’s, the global finance services industry is on the edge of reinvention, according to a Deloitte report entitled ‘Evolving in response to global re-regulation’. With numerous global regulations surfacing, such as International Financial Reporting [...]
BMI Bank announced three lucky winners in Ayadi’s April monthly prize draw of $70,000. The first prize winner of $ 60,000 was Maha Al Hajraf while the two other monthly winners, Rabab Mohammed and Alemash Daredia were awarded $5,000 cash [...]
BBK signed an agreement with ALARGAN Bahrain to provide mortgage finance to ease the process of payments for clients interested in purchasing property in ALARGAN Bahrain’s latest real estate project, Jeyoun. The project’s units were first introduced for sale in [...]
Thomson Reuters, the world’s leading supplier of intelligent information for businesses and professionals, today announced that it has introduced the StarMine SmartRatios Credit Risk Model to assess the credit risk of publicly traded companies. The SmartRatios model is an intuitive [...]
Kuwait Finance House–Bahrain (KFH-B) was awarded the J.P. Morgan ‘Outstanding Payments Quality Certificate 2011’, in recognition of its superior high-quality performance and commitment to quality achieved by the Bank in the area of fund transfer. J.P. Morgan Chase awards the [...]
Gulf Finance House BSC (GFH or the Bank), the Bahrain-based Islamic investment bank, announced the appointment of Hisham Alrayes to the position of Acting Chief Executive Officer. Alrayes is currently the Chief Investment Officer at GFH and will take up [...]
Fitch Ratings has affirmed National Bank of Bahrain’s (NBB) long-term issuer default rating (LT IDR) at ‘BBB’ and viability rating (VR) at ‘bbb’. The outlook on the LT IDR is stable. NBB’s IDRs, Support Rating and Support Rating Floor reflect [...]
