61 Days
Source:
البلاد
Kuwait Finance House Bahrain Ushers in New Banking Era After Year of Transformation and Leadership
The news was published that the Bahraini Islamic Bank, part of the Kuwait Finance House Group, achieved a number of financial and strategic milestones during its first year under its new identity. These include recording a net profit of $730.6 million and increasing its assets to $29 billion. The bank also strengthened its position through digital expansion efforts and the development of innovative products such as a gold investment platform and the Hizada program, while maintaining its investments in the national economy with financing exceeding $3.3 billion in Bahrain. These results come as part of the bank's ongoing efforts to consolidate its role in supporting the national economy, advancing digital solutions, and promoting sustainability, all while continuing to focus on innovation and Islamic banking expertise.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)