News Bahrain Bank deposits: HSBC to sell Bahrain retail banking operations as restructuring progresses
The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBK, which is majority owned by the governments of both the countries. Financial details of the transaction, which excludes its corporate and private banking businesses Bahrain, were not disclosed. HSBC has been scaling back its worldwide operations, exiting dozens of low-returning consumer banking activities, combining some of its commercial and investment banking businesses, and overhauling its leadership structure.
News Bahrain Bank deposits: Citibank Bahrain Launches Deposit, Investment Bundle
MANAMA, 2 September 2007 — Citibank Bahrain has launched a time deposit and investment bundle offering guaranteed returns on time deposits, together with a choice of 100 percent capital protected not…
News Bahrain Bank deposits: Bahrain Islamic Bank (BisB) Appoints Mr. Yaser Alsharifi as the Bank’s CEO
Bahrain Islamic Bank (BisB) has announced the appointment of Mr. Yaser Alsharifi as Chief Executive Officer (CEO) of the Bank, starting from the 1st of October, 2022. Bahrain Islamic Bank (BisB ...
News Bahrain Bank deposits: Gulf central banks raise interest rates after Fed's supersize increase
The central banks of the UAE, Saudi Arabia, Bahrain, Kuwait and Qatar raised their benchmark borrowing rates after the US Federal Reserve raised its key interest rate for the fifth time this year to ...
News Bahrain Bank deposits: Bahrain central bank completes JPM Coin remittance trial
The Central Bank of Bahrain has reportedly completed a successful overseas remittance trial enabled by JP Morgan’s digital currency, JPM Coin.
News Bahrain Bank deposits: Ithmaar Bank empowers customers with self-service machines
Ithmaar Bank, a Bahrain-based Islamic retail bank, has installed self-service banking machines at its Seef Mall and Arad ...
News Bahrain Bank deposits: BisB Announces Ms. Aneesa Al Slais as the Tejoori Grand Prize Winner for 2021
Bahrain Islamic Bank (BisB), one of the leading banks in the Kingdom in providing digital financial solutions, announced Ms. Aneesa Al Slais as the Tejo ...
