With Ithmaar Bank as the placement manager, financial advisor and lead underwriter, and Shamil Bank as sub-underwriter, this compelling offer raised the capital of First Leasing Bank to a total of US$100 million.
“The strong …Read full article » Bahrain: Wednesday, January 10 - 2007 @ 10:40
Al Seif Hospital, which is slated to open in the third quarter of 2008, is set to be one of the country’s main medical facilities.
The agreement was signed between First Leasing Bank …Read full article » Bahrain: Tuesday, June 17 - 2008 @ 15:37
The Islamic Finance News Awards 2007, which honour outstanding achievements in the Islamic financial industry, set the benchmark for excellence in the Islamic banking and finance industry.
“While some commercial banks in the region offer finance …Read full article » Bahrain: Sunday, February 10 - 2008 @ 12:56
Announcing the details of the discussion, a spokesperson of the bank, which is jointly owned by the Bahrain-based Gulf Finance House B.S.C and the Overland Capital Group of the US, said the ministry expressed …Read full article » Bahrain: Sunday, May 16 - 2004 @ 13:50
The Bank’s net portfolio, representing originated leases and investments increased to $54.5m.
“Our 2007 annual results are extremely positive for a bank still in its infancy and operating in a nascent market. FLB’s solid performance …Read full article » Bahrain: Thursday, February 28 - 2008 @ 16:35
It will provide its primary leasing products, Finance Leases and Operating Leases, to commercial and government sectors.
“With the launch of FLB we are now poised to become the premium leasing bank in the GCC,” …Read full article » Bahrain: Monday, October 11 - 2004 @ 13:16