Bahrain-Mubasher: Bank of Bahrain and Kuwait (BBK) has sold 6.74 million shares, or 10.7% of Takaful International's capital, through a special transaction.

"We look forward to supporting our clients in the local market," said BBK's CEO Abdul Karim Bucheery.

He added that the deal boosts the lender's position and brokerage services in Bahrain.

The bank operates with BHD 103 million capital, divided into 1.03 billion shares at BHD 0.1 par value each.