Khaleeji Bank B.S.C.

Dubai – Mubasher: GFH Financial Group is still in talks with Khaleeji Commercial Bank (KHCB) regarding a potential voluntary takeover offer for the bank's issued shares. The offer is subject to the approval of all necessary regulatory, board, and …

Dubai – Mubasher: Shuaa Capital has sold its 3.8% stake in Khaleeji Commercial Bank (KHCB), totaling 34.648 million shares, to GFH Financial Group. The sale, expected to have a positive impact on Shuaa's second quarter (Q2) financials, is part of …

Mubasher: The shares of Khaleeji Commercial Bank will be transferred from the Dubai Financial Market (DFM) to Bahrain Bourse upon the completion of the settlement on 2 September. This move will enable the shareholders to trade the bank's shares at …

Mubasher: The net profits attributable to the shareholders of Khaleeji Commercial Bank, listed on Bahrain Bourse (BHB) and the Dubai Financial Market (DFM), surged to BHD 5.7 million in the first half (H1) of 2020, compared to BHD 199,000 in the …

Dubai - Mubasher: Khaleeji Commercial Bank has closed $159 million Sukuk issuance fully covered by GFH Financial Group as the sole subscriber, according to a press release on Wednesday. Issued following the approval of regulatory authorities and …

Dubai - Mubasher: Khaleeji Commercial Bank has successfully issued Sukuk worth $159 million, subject to approvals from regulatory authorities and the extraordinary general meeting (EGM). Shareholders supported the bank to issue Additional Tier 1 …

Mubasher: GFH Financial Group announced that Khaleeji Commercial Bank, a 55%-owned subsidiary of GFH, reported a financing exposure of $32.71 million to the NMC Healthcare Group. GFH’s announcement was made as per Boursa Kuwait’s request, …

Dubai - Mubasher: The Dubai Financial Market (DFM) has announced that the reduction of Khaleeji Commercial Bank's capital was executed, according to a press release on Wednesday. Following the reduction, the total number of shares stands at …

Mubasher: The ordinary general meeting (OGM) of Khaleeji Commercial Bank (KHCB), listed on Bahrain Bourse, has approved to delist the bank's shares from the Dubai Financial Market (DFM). During the meeting, the shareholders have authorised the …

Mubasher: The ordinary general meeting (OGM) of Khaleeji Commercial Bank (KHCB) will vote on delisting the bank’s shares from the Dubai Financial Market (DFM). During the meeting, set to be held on 25 March, shareholders will authorise the board …

Mubasher: Khaleeji Commercial Bank, listed on Bahrain Bourse (BHB) and the Dubai Financial Market (DFM), incurred losses of BHD 14.93 million in the fiscal year 2019, against a profit worth BHD 658,760 in 2018. The bank registered a loss per share …

Mubasher: Bahrain’s Lama Real Estate has signed an agreement with Khaleeji Commercial Bank to arrange a loan to finance Lama’s Liwan project. The BHD 25.5 million ($67.81 million) loan will be arranged in collaboration with Kuwait Finance House – …

Mubasher: Khaleeji Commercial Bank incurred losses attributed to shareholders of the parent company of BHD 5.41 million over the third quarter of 2019, against a profit of BHD 341,000 a year earlier. The losses of the period are attributed to …

Mubasher: Khaleeji Commercial Bank has launched a new ATM at Marassi Beach in Diyar Al Muharraq in Bahrain; in a step to facilitate for its clients to access multiple services through the machine.   The new ATM is designed as per the most advanced …

Mubasher: Bahrain Real Estate Investment Company (Edamah) has concluded a BHD 4.5 million financing agreement with Khaleeji Commercial Bank (KHCB) to fund the development of Edamah’s Salmaniya Medical Complex multi-story carpark.   Scheduled to be …

By: Mohamed Hesham Mubasher: The financial statements of Bahraini banks listed on Bahrain Bourse (BHB) indicated a 4.9% year-on-year increase in profits during the second quarter of 2019. The profits of the period soared to BHD 96.97 million …

Dubai – Mubasher: Khaleeji Commercial Bank (KHCB) reported a 79% year-on-year decline in its profits for the first quarter of 2019. Net profits of the Bahrain-based lender stood at BHD 176,000 ($463,900) in Q1-19, compared to BHD 820,000 ($2.16 …

Mubasher: Khaleeji Commercial Bank (KHCB) has inaugurated “Khaleeji eTrade” platform to be the first of its kind in Bahrain with many privileges, according to a recent press release. Khaleeji eTrade will become an essential engine for the bank’s …

Mubasher: Khaleeji Commercial Bank (KHCB) on Thursday announced that it has purchased 171,000 treasury shares on Bahrain Bourse. Accordingly, the bank’s total holding of shares increased to 96.04 million from 95.869 million, making up 9.15% of …

Mubasher: Khaleeji Commercial Bank (KHCB) on Sunday reported sliding profits in the period from July to September 2018. The Bahrain-based bank posted BHD 324,000 ($859,475 or AED 3.12) in profits in Q3-18, down 57% year-on-year from BHD 758,000 …

Mubasher: Moody's Investors Service has downgraded to B2 from B1 the long-term local currency deposit ratings of Bank of Bahrain and Kuwait (BBK), National Bank of Bahrain (NBB), Bahrain Islamic Bank (BISB), and Khaleeji Commercial Bank (KHCB). …

Dubai – Mubasher: A new group of five companies double-listed on the Dubai Financial Market (DFM) and other markets denied on Thursday their exposure to  the ailing private equity firm Abraaj Group, once one of the developing world’s influential …

Dubai - Mubasher: Khaleeji Commercial Bank (KHCB) has announced that its vice chairman Abdulkarim Ahmed Bucheery resigned on Monday. The bank’s board has appointed Ahmed Bin Isa Al Khalifa as the new vice chairman, according to a bourse statement …

Mubasher: Khaleeji Commercial Bank (KHCB) reported a 41.4% decline in net profit for the first quarter of 2018. KHCB’ net profit dropped to BHD 819,930 ($2.16 million) in Q1-18 versus BHD 1.4 million ($3.7 million) in the year-ago period, …

Mubasher: Khaleeji Commercial Bank (KHCB) on Wednesday announced the appointment of Jassim Mohammed Al-Seddiqi as its new chairman. The decision was taken during the Bahrain-based bank’s board meeting on Tuesday, according to a company statement.  …