DOCSLIB.ORG

Listed Companies BOD Meetings to Approve the Financial Results for the Period Ended 31/12/2014

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Listed Companies BOD Meetings to Approve the Financial Results for the Period Ended 31/12/2014 Listed Companies BOD Meetings to approve the Financial Results for the Period ended 31/12/2014 BOD No. Company’s Name Remarks Symbol Date Commercial Banks Sector Sunday 1 Ahli United Bank B.S.C. AUB 22/2/2015 Wednesday 2 Al Salam Bank – Bahrain B.S.C. SALAM 4/2/2015 Wednesday 3 Bahrain Islamic Bank B.S.C. BISB 11/2/2015 Monday 4 BBK B.S.C. BBK 9/2/2015 Wednesday 5 Khaleeji Commercial Bank B.S.C KHCB 4/2/2015 Wednesday 6 National Bank of Bahrain B.S.C. NBB 21/1/2015 Friday 7 Ithmaar Bank B.S.C ITHMR 27/2/2015 Investment Sector Sunday 8 Al Baraka Banking Group B.S.C. BARKA 22/2/2015 Wednesday 9 INOVEST B.S.C INOVEST 11/2/2015 Saturday 10 Arab Banking Corporation B.S.C. ABC 28/2/2015 Tuesday 11 Bahrain Commercial Facilities Company B.S.C. BCFC 17/2/2015 Thursday 12 Bahrain Middle East Bank B.S.C. BMB 5/2/2015 Tuesday 13 Esterad Investment Company B.S.C. ESTERAD 27/1/2015 Sunday 14 Gulf Finance House B.S.C. GFH 22/2/2015 15 Gulf Monetary Group B.S.C. GMG Sunday 16 Investcorp Bank B.S.C. INVCORP 1/2/2015 17 TAIB Bank B.S.C. TAIB Tuesday 18 United Gulf Bank B.S.C. UGB 24/2/2015 Thursday 19 United Gulf Investment Corporation B.S.C. UGIC 12/2/2015 Services Sector Thursday 20 Bahrain Ship Repairing and Engineering Company B.S.C. BASREC 26/2/2015 Tuesday 21 Bahrain Car Park Company B.S.C. # CPARK 24/2/2015 Wednesday 22 Bahrain Cinema Company B.S.C. & CINEMA 25/2/2015 Tuesday 23 Bahrain Duty Free Shop Complex B.S.C. DUTYF 17/2/2015 Monday 24 BMMI B.S.C. BMMI 16/2/2015 Monday 25 Bahrain Telecommunications Company B.S.C. BATELCO 16/2/2015 Saturday 26 Trafco Group B.S.C. TRAFCO 21/2/2015 # Thursday 27 Nass Corporation B.S.C. NASS 26/2/2015 Sunday 28 Seef Properties B.S.C. SEEF # 22/2/2015 Insurance Sector Thursday 29 Al Ahlia Insurance Company B.S.C. AHLIA 26/2/2015 Thursday 30 Arab Insurance Group B.S.C. ARIG 12/2/2015 Thursday 31 Bahrain Kuwait Insurance Company B.S.C. BKIC 12/2/2015 Tuesday 32 Bahrain National Holding Company B.S.C. # BNH 24/2/2015 Monday 33 Takaful International Company B.S.C. # TAKAFUL 23/2/2015 Hotels & Tourism Sector Monday 34 Bahrain Family Leisure Company B.S.C. FAMILY 23/2/2015 Wednesday 35 Gulf Hotels Group B.S.C. BHOTEL 18/2/2015 Thursday 36 Bahrain Tourism Company B.S.C. # BTC 19/2/2015 Monday 37 Banader Hotels Company B.S.C. BANADER 2/2/2015 Wednesday 38 National Hotels Company B.S.C. NHOTEL 11/2/2015 Industrial Sector Thursday 39 Bahrain Flour Mills Company B.S.C. # BFM 26/2/2015 Wednesday 40 Delmon Poultry Company B.S.C. # POLTRY 11/2/2015 Monday 41 Aluminum Bahrain B.S.C. ALBH 9/2/2015 IPO Market Saturday 42 Zain Bahrain B.S.C. # ZAINBH 31/1/2015 Closed Company Sector Thursday 12/2/2015 43 Securities & Investment Company B.S.C. (c) SICO-C Published on Monday 16/2/2015 Wednesday 44 United Paper Industries B.S.C. (c) UPI 11/2/2015 Non-Bahrain Co. Sector 45 Bank Muscat S.A.O.G BMUSC 46 Global Investment House K.S.C.C GLOBAL 47 International Investment Group K.S.C (c) IIG Remarks The Meeting is held. # 1st change in Board of Directors Meeting date. & 2nd change in Board of Directors Meeting date. + Board of Directors Meeting through circulation. @ BOD Postponement to another date to be announced. .
Load more

Recommended publications
  • Partner with Us
    The World’s Leading Islamic Finance News Provider (All Cap) 1200 New trade Bahrain to Women and INTERVIEW: 1,162.92 1150 fi nance fund debut fi rst Words: What Prof Rifaat 0.67% 1,155.10 1100 highlights Islamic retail does the election Ahmed, the 1050 growing REIT next of Trump mean recipient of the 1000 opportunities...5 week...6 for women Royal Award for W T F S S M T in Islamic Islamic Finance Powered by: IdealRatings® fi nance?...10 2016...21 COVER STORY 16th November 2016 (Volume 13 Issue 46) The burgeoning growth of green financing in the Gulf Green fi nance has been putt ing down building but allow countries to diversify Platform to facilitate and showcase roots in the GCC for some time, and in their economies away from hydrocarbons innovative projects, partnerships and 2016 some of its initiatives are fi nally and develop new technologies and technology, as well as committ ing to bearing fruit. While IFN has long funding avenues that encourage long- develop innovative green fi nancing argued that ethical and Islamic fi nance term sustainability but also provide mechanisms, showcase technological are by no means one and the same, short-term benefi ts. innovation, support a global agreement there is no question that the rapid rise for climate change through supporting of green activity has opened the door So what has been done to work toward the Paris Agreement and develop a for Islamic institutions to benefi t across green objectives — and what does this State of the Green Economy Report a wide range of sectors in terms of mean for Islamic fi nance? for Dubai.
    [Show full text]
  • 2013 Annual Report
    ANNUAL REPORT 2013 His Royal Highness His Majesty King Hamad His Royal Highness Prince Prince Khalifa Bin Salman Bin Isa Al-Khalifa Salman Bin Hamad Al-Khalifa The King of Bahrain Al-Khalifa The Prime Minister The Crown Prince & Deputy Supreme Commander of Bahrain Defence Force & First Deputy Prime Minister KHALEEJI COMMERCIAL BANK BSC CONTENTS Financial Highlights 3 Board of Directors 4 Shari’a Supervisory Board 5 Chairman’s Report 6 Executive Management Report 8 Corporate Governance 12 Risk Management 14 Shari’a Report 19 Auditor’s Report 20 Consolidated Financial Statments 21 Notes to the Consolidated Financial Statments 28 Risk Management Disclosures 69 Khaleeji Commercial Bank BSC Harbour Tower East Bahrain Financial Harbour P.O. Box 60002 Manama, Kingdom of Bahrain Designs Mu Telephone: +973 17 50 50 50 Facsimile: +973 17 10 00 17 Email: [email protected] www.khcbonline.com Licensed by the Central Bank of Bahrain as a Retail Islamic Bank Design and production: KHALEEJI COMMERCIAL BANK BSC FINANCIAL HIGHLIGHTS 2013 19,696 (19,209) Total Income Net Loss (17.11) 542,242 100,011 Earnings Per Total Assets Total Equity Share (fils) 2013 2012 2011 2010 2009 Total Income 19,696 19,817 22,929 19,585 33,232 Net Profit / (Loss) (19,209) 751 518 (6,533) 3,100 Total Assets 542,242 473,159 447,515 419,216 473,604 Total Equity 100,011 119,448 118,923 118,158 126,574 Earnings Per Share (fils) (17.11) 0.67 0.46 (5.87) 3.04 Financial Highlights 3 KHALEEJI COMMERCIAL BANK BSC BOARD OF DIRECTORS From left to right: Dr.
    [Show full text]
  • Customer Complaints Report July- September 2020
    Customer Complaints Report July- September 2020 Customer Complaints Report for the months July - September 2020 Production: Consumer Protection Unit Central Bank of Bahrain PO Box 27, Manama Kingdom of Bahrain www.cbb.gov.bh The Customers Complaints Report is a monthly report prepared by the Consumer Protection Unit. It is available in PDF format in the Publications and Data section at http://www.cbb.gov.bh. Contents 1. Introduction .......................................................................................................... 1 2. Concentration of Complaints: .............................................................................. 2 3. Nature of Complaints: .......................................................................................... 3 4. Status of Complaints ............................................................................................ 6 1. Introduction The Consumer Protection Unit “CP” received 24 complaints in July 2020, 18 complaints in August 2020, and 27 complaints in September 2020. Totalling 69 complaints. The following graph illustrates the monthly complaints received from 1st of July to 30th of September 2020. Monthly Complaints for Year 2020 30 27 25 24 20 18 15 Number Number Complaints of 10 5 0 July August September Customer Complaints Report July – September 2020 1 2. Concentration of Complaints: The complaints received during July-September 2020 are reported with respect to the following financial institutions, banks, and insurance companies as illustrated in the graph below. No. of Complaints (July-September 2020) 10 9 8 7 6 6 5 5 5 5 4 4 4 Number Number Complaints of 3 3 3 3 3 2 2 2 2 2 2 2 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 Customer Complaints Report July – September 2020 2 3. Nature of Complaints: The following chart demonstrates the nature of complaints received by the (CP) Unit during the months of July-September 2020.
    [Show full text]
  • Listed Companies BOD Meetings to Approve the Financial Results for the Period Ended 31/12/2017
    Listed Companies BOD Meetings to approve the Financial Results for the Period ended 31/12/2017 BOD No. Company’s Name Symbol Remarks Date BOD Time Commercial Banks Sector Tuesday 1 Ahli United Bank B.S.C. AUB 01:00 p.m. 20/02/2018 Tuesday 2 Al Salam Bank – Bahrain B.S.C. SALAM 01:00 p.m. 13/02/2018 Monday 3 Bahrain Islamic Bank B.S.C. BISB 10:00 a.m. 12/02/2018 Monday 4 BBK B.S.C. BBK 11:00 a.m. 19/02/2018 Wednesday 5 Khaleeji Commercial Bank B.S.C KHCB 12:30 p.m. 07/02/2018 Monday 10:00 a.m. 6 National Bank of Bahrain B.S.C. NBB 29/01/2018 Thursday 7 Ithmaar Holding B.S.C ITHMR 01:00 p.m. 22/02/2018 Investment Sector Tuesday 8 Al Baraka Banking Group B.S.C. BARKA 11:00 a.m. 20/02/2018 Wednesday 9 INOVEST B.S.C INOVEST # 01:00 p.m. 28/02/2018 Sunday 10 Arab Banking Corporation B.S.C. ABC 01:00 p.m. 11/2/2018 Bahrain Commercial Facilities Company Tuesday 11 BCFC 04:00 p.m. B.S.C. 27/02/2018 Wednesday 12 Bahrain Middle East Bank B.S.C. BMB 01:00 p.m. 31/01/2018 Tuesday 13 Esterad Investment Company B.S.C. ESTERAD 01:00 p.m. 23/01/2018 Tuesday 14 GFH Financial Group B.S.C. GFH 01:00 p.m. 13/02/2018 Wednesday Through 15 Investcorp Bank B.S.C.
    [Show full text]
  • Bahrain Bourse Daily Bulletin Monday, August 18, 2014
    KAMCO Research Bahrain Bourse Daily Bulletin Monday, August 18, 2014 Bahrain All Share Index Return v.s. Volume (Jan-13 - Current) Sectors' Return & Valuation Multiples 1,550 550 Market Cap. MTD P/E P/B Yield 1,500 500 (BHD Mln) % Chg (X) (X) (%) 1,450 450 1,400 400 Bahrain Bourse 8,352 0.01% 14.08 1.09 3.42% 1,350 350 Commercial Banks 3,803 (0.10%) 14.98 1.63 3.76% 1,300 300 Investment 2,342 (0.47%) 14.48 0.75 0.87% 1,250 250 Insurance 179 3.82% 10.23 0.91 2.34% 1,200 200 Service 1,111 2.11% 12.84 1.23 5.17% Hotel & Tourism 204 0.00% 12.84 1.02 4.22% 1,150 150 (Mln.Shares) Traded Vol. Bahrain All Bahrain All Share Index Industrial 713 (1.93%) 12.36 0.80 7.33% 1,100 100 Sectors' MTD Return is based on the Change in market cap. and it might not conform with the benchmark return for each sector 1,050 50 1,000 0 Market Breadth 1237 4.1.13 8.8.13 4.9.13 8.4.14 5.5.14 1.6.14 31.1.13 27.2.13 26.3.13 22.4.13 19.5.13 15.6.13 12.7.13 1.10.13 17.1.14 13.2.14 12.3.14 28.6.14 25.7.14 21.8.14 28.10.13 24.11.13 21.12.13 Top 10 Stocks by Market Capitalization Market Return,Volatility & Trading Indicators Market Cap.
    [Show full text]
  • Arab Banking Corporation Group
    Annual Report 2006 Arab Banking Corporation Group Registered Address Arab Banking Corporation Group ABC Tower, Diplomatic Area PO Box 5698, Manama Kingdom of Bahrain (Commercial Registration Number 10299) www.arabbanking.com 1 Annual Report 2006 Contents ABC’s vision is to be the premier and most innovative international Arab financial group. ABC’s mission is to consistently generate increasing value for 2 The Board of Directors 4 Directors’ Report its shareholders, specialise in Arab-related activities across the world, 6 Global Network invest in international financial institutions that diversify revenues, 7 Financial Highlights offer innovative and high quality services to its customers and attract 8 Financial Strength and retain high quality employees by providing rewarding careers. 10 The President & Chief Executive’s Review of Operations 21 Corporate Governance 24 Group Financial Review 27 Auditors’ Report 28 Consolidated Balance Sheet 29 Consolidated Statement of Income 30 Consolidated Statement of Cash Flows 31 Consolidated Statement of Changes in Equity 32 Notes to the Consolidated Financial Statements 47 Head Office Directory 49 International Directory Annual Report 2005 Arab Banking Group ABC Group Annual Report 2006 2 3 The Board of Directors Dr. Anwar Ali Al-Mudhaf AC RC Dr. Saleh Lamin El-Arbah ** AC Mr. Eissa Mohammed Al Suwaidi EC AC* Director • Kuwaiti Director • Libyan Director • U.A.E. citizen M.B.A. and Ph.D. in Finance, Peter F. Drucker Graduate B.A. in Economics, University of Benghazi, Libya; M.B.A. B.Sc. in Economics, Northeastern University of Boston, School of Management, Claremont Graduate University, University of Hartford, U.S.A.; Ph.D.
    [Show full text]
  • Bank ABC Investors Highlight Presentation
    Q4 / FY 2020 Results Presentation Key Messages ▪ 2020 has been a year like no other, impacted by unprecedented and deeply challenging conditions represented by the Covid-19 pandemic, collapse in oil prices and interest rates, and the emergence of some major fraud in the MENA region ▪ Bank ABC has not been immune and has faced considerable operational and financial pressures. Nonetheless, a proactive response to the Covid-19 pandemic ensured the Group maintained its operational and financial resilience throughout 2020 ▪ The Bank strategy remained consistent and Bank ABC continued to invest in its strategic journey, delivering significant milestones such as its digital transformation winning multiple awards for its ‘mobile-only’ bank ila, being recognized as the Bank of the Year in Bahrain, and announcing a landmark acquisition of Blom Bank Egypt ▪ Despite such unprecedented market conditions, the Bank delivered robust underlying revenues, a strong balance sheet and a net operating profit of $282m before provisions ▪ Operating business performance continued to show robust traction with underlying TOI of $793m (91% of FY 2019) ▪ The Bank achieved prudent cost management, with a 7% drop in headline costs to $486m, while prioritizing continuing investments in the Group’s digital transformation and strategic initiatives ▪ The Bank shows a strong balance sheet with a 16.6% Tier 1 ratio (16.2% CET1), LCR of 324% and NSFR of 122% ▪ FY 2020 ECL charge of $329m driven higher by unforeseen client frauds of $183m, combined with Covid-19 conditions and forward-looking nature of IFRS 9. This led to a net loss of $89m for the year.
    [Show full text]
  • The Power of Microfinance an Era of Achievements
    The Power of Microfinance An Era of Achievements Familybankbh Familybankbh @familybankbh www.familybankbh.com HM King Hamad bin Isa Al Khalifa The King of the Kingdom of Bahrain HRH Prince Khalifa bin Salman Al Khalifa HRH Prince Salman bin Hamad Al Khalifa Prime Minister Crown Prince and Deputy Supreme Commander Contents Introduction 04 Vision & Mission 06 Chairperson Statement 08 CEO Message 10 Board of Directors 12 Senior Management 16 Micro-Finance 18 Non-Financial Services 22 Idea Factory 25 Success Stories 30 Awards, Events and Summits 39 02 | FAMILY BANK BSC (C) FAMILY BANK BSC (C) | 03 FAMILY BANK A PIONEER ISLAMIC SOCIAL BANK IN BAHRAIN Bahrain is a country in transition, where the economic The primary target demography of the Family reforms have resulted in the rapid liberalization of Bank will be needy families, unemployed, domestic economy and improvement in the business widows and youth that receive various MICROCREDIT CAME TO PROMINENCE IN THE 1980’S, ALTHOUGH environment. Statistic show that micro, small and medium government aids and assistance. Family Bank will EARLY EXPERIMENTS COMMENCED BACK TO 1720 IN IRELAND, enterprises represent a significant part of the Bahraini provide them with Islamic microfinance (up to economy. BD 5,000) to support income generating 1800 IN GERMANY AND USA, AND A FEW OTHER COUNTRIES. activities enabling them to prosper as productive 1 TODAY, IT HAS BEEN REALIZED THAT MICROFINANCE IS ONE OF THE Microfinance, which is a powerful tool for creating members of a vibrant economy. The proposed SUSTAINABLE TOOLS TO ADDRESS POVERTY AND PROMOTE MICRO- microenterprises and self-employment opportunities, was target groups for Family Bank are: ENTERPRISES.
    [Show full text]
  • Value Creation and Market Valuation: Measuring Performance in the Banking Sector of the Gulf Region
    December 2017 HCM Viewpoint Value Creation and Market Valuation: Measuring Performance in the Banking Sector of the Gulf Region hcm.com Introductory Note Banks in the Gulf region have been gaining in importance Regardless of your industry, please contact us if you can in recent years, both locally and in foreign markets. Yet, in benefit from an approach that connects these topics to the current context of continuing pressure on oil prices sound business strategy and financial stewardship. and questions on regional stability, it is valid to ask how well Gulf banks are doing in terms of value creation, both on an Value Creation: External and Internal Metrics absolute and relative basis. It is equally valid to ask whether the share price movements of these banks in recent years As depicted in Figure 1, the market capitalization of the 46 accurately reflect the internal value creation taking place Gulf banks1 covered by this study lies between USD 379 and at these institutions. USD 37’570 million as of 31 December 2016. The banking sector represents a significant part of the stock market This HCM viewpoint provides a comparative overview of in the Gulf region – ranging from 26 (Saudi Arabia) to 69 46 banks in the Gulf region. It finds that value creation in percent (Bahrain) of public stock market capitalization. the Gulf banking sector has generally increased in recent years, though not at all banks. Further, it finds a plausible In general, company performance can be measured using correlation between internal value creation and changes external and internal indicators of value creation, which in share price for most banks.
    [Show full text]
  • Dividend Announcement: Is It a Good News to the Bahrain Bourse?
    International Journal of Economics and Finance; Vol. 6, No. 12; 2014 ISSN 1916-971X E-ISSN 1916-9728 Published by Canadian Center of Science and Education Dividend Announcement: Is It a Good News to the Bahrain Bourse? Batool K. Asiri1 1 College of Business Administration, University of Bahrain, Bahrain Correspondence: Batool K. Asiri, College of Business Administration, University of Bahrain, Bahrain. E-mail: [email protected] Received: September 15, 2014 Accepted: September 29, 2014 Online Published: November 25, 2014 doi:10.5539/ijef.v6n12p228 URL: http://dx.doi.org/10.5539/ijef.v6n12p228 Abstract This paper presents a study of 157 dividend announcements made by 40 companies listed in the Bahrain Bourse and an examination of the relationship between dividend announcements and the stock market. The study lasted from 2004 to 2013, and the results indicate that investors have gained cumulative abnormal returns that average at 2.29 percent within the 30-day periods before and after the dividend announcement. Moreover, the findings have revealed that investors gained approximately 0.45 percent of the market value on all stocks that had increasing dividends; therefore, it can be reasonably concluded that, when announced to the public, dividend increases promote a positive message about a company’s future growth and the promise of sustained cash flow. Alternatively, it could be seen as the Bahrain Bourse is inefficient in a semi-strong form. The study further highlights that abnormal returns gained by investors tend to vary across sectors. In general, the findings of this study fail to provide significant evidence in support of the dividends irrelevancy theory; on the contrary, they indicate that dividend payments act as positive signals that assure investors of steady cash flow and substantial future earnings.
    [Show full text]
  • Customer Complaints Report January-March 2021
    Customer Complaints Report January-March 2021 Customer Complaints Report for the months January-March 2021 Production: Consumer Protection Unit Central Bank of Bahrain PO Box 27, Manama Kingdom of Bahrain www.cbb.gov.bh The Customers Complaints Report is a monthly report prepared by the Consumer Protection Unit. It is available in PDF format in the Publications and Data section at http://www.cbb.gov.bh. Customer Complaints Report January-March 2021 Contents 1. Introduction................................................................................................. 1 2. Concentration of Complaints ....................................................................... 2 3. Nature of Complaints ................................................................................ 3-5 4. Status of Complaints ........................................................... ….…………………. 6 Customer Complaints Report January-March 2021 1. Introduction The Consumer Protection Unit “CP” received 14 complaints in January 2021, 27 complaints in February 2021, and 20 complaints in March 2021. Totalling 61 complaints. The following graph illustrates the monthly complaints received from 1st of January to 31th of March 2021. Monthly Complaints for Year 2021 30 27 25 20 20 15 14 Number Number Complaints of 10 5 0 January February March 1 Customer Complaints Report January-March 2021 2. Concentration of Complaints: The complaints received during January-March 2021 are reported with respect to the following financial institutions, banks, and insurance companies as illustrated in the grah below. No. of Complaints (January-March 2021) 10 9 9 9 8 7 6 6 5 5 4 4 4 4 Number Number Complaints of 3 3 2 2 2 2 1 1 1 1 1 1 1 1 1 1 1 1 0 2 Customer Complaints Report January-March 2021 3. Nature of Complaints: The following chart demonstrates the nature of complaints received by the (CP) Unit during the months of January-March 2021.
    [Show full text]
  • Annual Report 2019
    NUMBERSTALK 9Annual Report 2019 BAHRAIN KUWAIT UAE UK EGYPT IRAQ OMAN 9LIBYA Constantly striving to provide greater levels of shareholder and customer satisfaction by delivering ever higher 9standards of performance % increase in Total Assets to US$ 40.3 billion 13.4 compared to 2018 % increase in Net Profit to US$ 730.5 million 4.7 compared to 2018 % increase in Shareholders’ Equity to US$ 4.3 billion 9.1 compared to 2018 Ahli United Bank Annual Report 2019 02 CONTENT 04 06 GROUP MISSION STATEMENT AUB OPERATING DIVISIONS 08 16 18 FINANCIAL HIGHLIGHTS BOARD OF DIRECTORS’ REPORT BOARD OF DIRECTORS 22 24 27 CHAIRMAN’S STATEMENT GROUP CHIEF EXECUTIVE OFFICER & CORPORATE GOVERNANCE MANAGING DIRECTOR’S STATEMENT 48 55 56 GROUP BUSINESS AND RISK REVIEW GROUP MANAGEMENT GROUP MANAGEMENT ORGANIZATION STRUCTURE 59 61 131 CONTACT DETAILS CONSOLIDATED FINANCIAL PILLAR III DISCLOSURES - BASEL III STATEMENTS Ahli United Bank Annual Report 2019 03 Group Mission Statement To create an unrivalled ability to meet customer needs, provide fulfilment and development for our staff and deliver outstanding shareholder value. Ahli United Bank Annual Report 2019 04 OBJECTIVES AUB VISION & STRATEGY • to maximise shareholder value on a sustainable basis. • Develop an integrated pan regional financial services • to maintain the highest international standards of corporate group model centered on commercial and retail banking, governance and regulatory compliance. private banking, asset management and life insurance with an enhanced Shari’a compliant business contribution. • to maintain solid capital adequacy and liquidity ratios. • Acquire banks and related regulated financial institutions in • to entrench a disciplined risk and cost management the Gulf countries (core markets) with minimum targeted culture.
    [Show full text]