Press

	11/08/2010
	KHALEEJI COMMERCIAL BANK ANNOUNCES Q2 RESULTS and EXPANDS COMMERCIAL BANKING BUSINESS; TO LAUNCH CONSUMER PRODUCTS IN Q3
	Khaleeji Commercial Bank (KHCB), announced today that it has posted a net profit of BD 1.02 million for the first half of 2010 (BD 7.12 million during the same period 2009). The Bank’s commercial banking business continued to expand with income from Commercial Banking activities growing by 13.39% over the same period in 2009. The Bank’s financial position remained strong with liquid asset ratio of 20.71% and capital adequacy ratio of 31.04%. During the second quarter of the year the Bank posted a net profit of BD 0.51 million. ..... Read More
	11/05/2010
	KHALEEJI COMMERCIAL BANK ANNOUNCES Q1 RESULTS
	Khaleeji Commercial Bank (KHCB), a leading Islamic bank in the Kingdom of Bahrain, today announced that it has posted a net profit of BD 0.5 million for the first quarter of 2010 (BD 4.1 million during the same period 2009). The Bank’s business continued to expand with financing assets growing by 3.4% over December 2009, and Unrestricted Investment Accounts remaining at the level of December 2009. The Bank’s financial position remained strong with liquid asset ratio of 24.6% and capital adequacy ratio of 32.2%. ..... Read More
	02/03/2010
	KHCB announces the distribution of 10% Dividends
	Khaleeji Commercial Bank (“KHCB”), today announced that the shareholders approved the recommendation of the Board of Directors to distribute 10% dividends, in the form of bonus shares (One share for every 10 shares) at the annual and extraordinary general meetings held today at Ritz Carlton Hotel. The EGM approved the increase of the paid up capital of the Bank by 104,923,735 additional shares as a result of the bonus shares and authorized the management to take necessary action to effect the increase in Capital and amend the Articles of Association. ..... Read More
	08/02/2010
	Khaleeji Commercial Bank reports Net Profit of BD 3.1 million, increased provision and Recommends 10 % Bonus shares
	Khaleeji Commercial Bank (KHCB) reported a net profit of BD 3.1 million for the year 2009 compared to BD 27.3 million in 2008, in spite of a net loss of BD 5.2 Million in the last quarter (BD 5.2 Million during the corresponding period in 2008) due to additional provisions to support the financial position of the bank. ..... Read More
	19/01/2010
	Khaleeji Commercial Bank delivers the prizes of the fourth draw of Al Waffer Account
	KHCB received the winners of the fourth draw of Al Waffer Account were Al Waffer team handed cash awards and congratulate them on this occasion. The winners of the first quarter draw were: ..... Read More
	11/11/2009
	Khaleeji Commercial Bank announces Net Profit of BD1.1 Millions for the third quarter to reach BD 8.3 Millions for Nine Months
	Khaleeji Commercial Bank (KHCB) today announced that it has posted a net profit of BD1.1 millions for the last three months ended 30th September 2009 (BD 6.3 Million during the same period in 2008). The Bank has recorded a net profit of BD8.3 millions for the nine month period ended on September 30, 2009 ..... Read More
	11/11/2009
	KHCB announces its sponsorship of the (AAOIFI) - World Bank Annual conference on Islamic Banking & Finance
	Khaleeji Commercial Bank announced its sponsorship of the World Bank Annual conference on Islamic Banking & Finance, which is organized by the Accounting and Auditing Organization for Islamic financial institutions (AIOFFI) under the auspices of the Central Bank of Bahrain and in cooperation with the World Bank in the period December 14-15, 2009 at the Crown Plaza. ..... Read More
	11/11/2009
	KHCB announces its sponsorship of the University of Bahrain Forum: "Gulf economies ... challenges and vision"
	KHCB announced today its sponsorship for the second consecutive year of the Forum "Gulf economies, the challenges and vision," organized by the Business College Society at the University of Bahrain which begins today and will continue until the December 24th.The forum is expected to attract more than 1000 students from University of Bahrain and other universities in Bahrain and GCC in addition to other participants from companies and financial institutions. ..... Read More
	11/11/2009
	Khaleeji Commercial Bank wins an Islamic Business and Finance
	Khaleeji Commercial Bank (KHCB) has received the Islamic Business and Finance award for “Best Commercial Bank” at a ceremony held on 14th December in Dubai. The prestigious ceremony brought together many distinguished regional and global industry professionals from around the world. The Awards ceremony celebrated corporate and individual distinction amongst top performers in the industry. ..... Read More
	06/10/2009
	WINNERS OF AL WAFFER FIRST DRAW ANNOUNCED BY KHBC
	The Khaleeji Commercial Bank (KHCB), a leading Islamic bank in the Kingdom of Bahrain, has announced the names of the winners of the first draw for Al Waffer Account, which was launched by the Bank last July. ..... Read More
	23/09/2009
	KHCB Signs Key Training Deal with BIBF
	The Khaleeji Commercial Bank (KHCB) has announced signing a new joint partnership agreement with the Bahrain Institute of Banking & Finance (BIBF) to join the graduates training and career development program conducted by BIBF in cooperation with TAMKEEN. ..... Read More
	09/08/2009
	Khaleeji Commercial Bank receiving University Students in its Annual Training Program
	Khaleeji Commercial Bank (KHCB) received a group of university students from various local and overseas universities to do their internship on its Annual Training Program. ..... Read More
	09/08/2009
	KHALEEJI COMMERCIAL BANK POSTS NET PROFIT OF BD 7.1 MILLION AND OPERATING PROFIT OF BD 16.8 MILLION FOR FIRST HALF OF THE YEAR 2009
	Khaleeji Commercial Bank (KHCB), a leading Islamic bank in the Kingdom of Bahrain, today announced that it has posted a net profit of BD 3 million for the second quarter of 2009 (BD 13.6 million during the same period 2008) to realize a net profit of BD 7.1 million for the first half of 2009 compared with BD 26.2 million realized for the same period of 2008. ..... Read More
	26/07/2009
	KHALEEJI COMMERCIAL BANK LAUNCHES A PROMOTIONAL CAMPAIGN FOR AL WAFFER ACCOUNT IN BAHRAIN CITY CENTRE
	Khaleeji Commercial Bank has launched a promotional campaign for the Bank's newly introduced product, Al Waffer Investment Account, at Bahrain City Centre. A special promotional outlet has been installed to introduce the new product to the public and to highlight the special features of the account. ..... Read More
	23/06/2009
	Khaleeji Commercial Bank Earns Best New Product Award At Top Industry Event
	MANAMA, Bahrain -- Khaleeji Commercial Bank (KHCB) , the leading Islamic commercial bank, received the award for the ‘Best New Product’ at the prestigious Banker Middle East Industry Awards for 2009. ..... Read More
	23/06/2009
	KHALEEJI COMMERCIAL BANK LAUNCHES AL WAFFER ACCOUNT 120 CASH PRIZES TOTALLING ONE MILLION DOLLARS
	Khaleeji Commercial Bank (KHCB) has announced the launch of the Al Waffer Account, its newest commercial banking product offered to the market. ..... Read More
	27/04/2009
	Khaleeji Commercial Bank and Zain Bahrain sign online payment agreement
	Khaleeji Commercial Bank (KHCB) and Zain Bahrain have signed an agreement to offer KHCB clients with online facilities to pay their Zain bills and Zain prepaid top-up The new agreement will enable the KHCB clients to pay their bills and topup their Zain prepaid lines from the comfort of their home, office and through bills payment feature at KHCB’s ATMs or even while they are traveling overseas via KHCB e-Banking Services. ..... Read More
	23/04/2009
	Khaleeji Commercial Bank launches a new ATM machine in Awali in time for the F1
	Coinciding with the F1 race event, Khaleeji Commercial Bank (KHCB) announced today that it has launched the first Drive Through ATM machine in the Awali service station. This marks the fifth among KHCB’s network of ATMs, which offer advanced security features that insure protection from any fraudulent use of the machine or attempt at obtaining clients’ details through the use of surveillance cameras. ..... Read More
	14/04/2009
	KHCB introduces their Visa Electron Debit Card with full EMV compliance
	Khaleeji Commercial Bank (KHCB) announced today the launch of its new Visa Electron Debit Card. This new card will allow Cardholders to have broader accessibility to their funds anywhere in the world with extra protection and security. ..... Read More
	28/03/2009
	Khaleeji Commercial Bank Holds an Overview and Workshop Entitled
	Khaleeji Commercial Bank (KHCB) recently conducted an in house training program on Risk Management and Basel II for its employees. The training was arranged by the Human Resources department of the Bank in coordination with the Risk and Credit Management Department over a period of three days from the 26th of February 2009. ..... Read More
	23/03/2009
	Khaleeji Commercial Bank Sponsors the 9th GCC Banking Conference
	Khaleeji Commercial Bank (KHCB) announced that it will be the Silver Sponsor for the 9th GCC Banking Conference which is hosted by the Central Bank of Bahrain. The conference will take place on 24 and 25 March, 2009 at the Ritz Carlton Hotel, Kingdom of Bahrain. ..... Read More
	12/03/2009
	Khaleeji Commercial Bank opining its new branch in Bahrain Financial Harbour
	Khaleeji Commercial Bank (KHCB) announced its official opening of it main branch in Bahrain Financial Harbour, 2009 under the patronage of Mr. Rasheed Mohammed Al Maraj, the governor of the Central Bank of Bahrain (CBB). ..... Read More
	12/03/2009
	Khaleeji Commercial Bank announces Net Profit of BD 4 Millions for the
	Khaleeji Commercial Bank (KHCB) posted BD 4 millions in Net Profit for the first quarter of the fiscal year 2009. Bank’s businesses continued to expand with the total assets reaching BD 481 Million, a 3.5% growth over December 2008. ..... Read More
	16/02/2009
	Khaleeji Commercial Bank announces the distribution of 20% Dividends 15% in cash and 5% as shares at AGM
	Khaleeji Commercial Bank (KHCB) announced today at the annual and extraordinary general meetings held at the Ritz Carlton, that the shareholders approved the recommendation of the Board of Directors to distribute 20% dividends, 15% in cash (15 fils per share) and 5% in shares (1 share for every 20 shares). ..... Read More
	10/02/2009
	Ebrahim Hussain:Oryx Hills offers a wonderful place for families to live.
	•Oryx Hills is firmly on track and completion of more than 40% of the project •We have a strong confidence in the GCC economies to over come the financial crisis. •Congratulations from Stephen Rothel for the success of the project. ..... Read More
	27/01/2009
	Khaleeji Commercial Bank reports 31.0% increase in Net Profit to BD 27.3 million
	Khaleeji Commercial Bank (KHCB) reported a net profit of BD 27.3 million for the year 2008, an increase of 31.0% compared to BD 20.8 million reported at the end of 2007. This is in spite of a net loss of BD 5.9 Million in the last quarter due to additional provisions to support the financial position of the bank. Total assets also grew to BD 465 million, an increase of 72.5% compared to last year. Return on average assets reached 7.4%. Islamic financing assets have grown by BD 75.2 million, i.e. 85% compared with 2007. Total deposits (including Unrestricted Investment Accounts) have also grown by 208.9%. Total operating income reached BD 47.7 million, i.e. 59.3% compared with 2007. ..... Read More
	18/01/2009
	Commercial Bank received the award for the Best Islamic Retail Bank
	Khaleeji Commercial Bank received the award for the Best Islamic Retail Bank at the Islamic Business and Finance Awards for 2008. More than 120 financial institutions were nominated for 25 categories of awards by leading regional financial experts. The winners categories were announced at a gala dinner held in the Godolphin Ballroom, Emirates towers Hotel in Dubai. ..... Read More
	22/12/2008
	Khaleeji Commercial Bank Ranked No.1 in Arab World for Soundness of Capital Asset Ratio
	In a recently published report by The Banker, a part of the Financial Times publications, Khaleeji Commercial Bank was ranked the strongest Bank in the Arab world in terms of Soundness of Capital Assets Ratio. The Bank was ranked 3rd in terms of Return on Assets, as well as moving up 20 places in the overall ranking to take the 67th place among the top 500 Arab banks. ..... Read More
	25/11/2008
	Batelco Signs Agreement with Khaleeji Commercial Bank for on-line payments
	Manama, Bahrain: Batelco, Bahrain Telecommunications Company and Khaleeji Commercial Bank (KHCB) have signed an agreement to offer KHCB customers online facilities to pays their Batelco accounts. The new agreement means KHCB customers can pay their bills from the comfort of their home or office, or even while travelling overseas – by selecting one of the three available methods ..... Read More
	16/11/2008
	KHCBs News
	Khaleeji Commercial Bank (KHCB) team won the Chartered Financial Analyst Bahrain's second annual Financial Institutions Quiz beating their nearest rivals SICO Investment Bank at the Gulf Hotel's Awal Ballroom. ..... Read More
	13/11/2008
	Khaleeji Commercial Bank announces sponsorship of Bahrain University’s symposium on “Islamic Banks ..Roles & Features
	Khaleeji Commercial Bank (KHCB) announced today that its Silver Sponsor of Bahrain University’s upcoming symposium about the Islamic banks roles & features organized by the Business College Society. The forum will be held on the Bahrain University campus from the 21st– 23rd of December. ..... Read More
	04/11/2008
	Khaleeji Commercial Bank announces its equity investment in Locata Corporation Pty. Ltd., an Australian based hi-tech positioning company
	Khaleeji Commercial Bank B.S.C. (“KHCB”) announced today its equity investment in Locata Corporation Pty. Ltd., domiciled in Canberra in the Australian Capital Territory. ..... Read More
	28/10/2008
	KHCB reports Net Profit increase by 168% to BD 32.5 million and Total Assets by 92% to BD 480 million in the past nine months
	Khaleeji Commercial Bank (KHCB) reported a net profit of BD 32.5 million for the past nine month period, an increase of 168% compared to BD 12.1 Million reported for the same period last year. Total assets reached BD 480 Million, an increase of %92 over the same period last year. The strong results reflect robust growth in the Bank’s operations during the year. ..... Read More
	15/10/2008
	Khaleeji Commercial Bank expand its ATM network, A new ATM has been installed at Seef Mall
	Khaleeji Commercial Bank announced today that its new ATM at Seef Mall is now operational. ..... Read More
	23/09/2008
	KHCB launches E Banking Services
	Khaleeji Commercial Bank has announced the launch of its online e-banking services, enhancing the range of services currently available to its customers. The online service will give existing KHCB customers the added convenience of accessing account balances, finance accounts, as well as investment portfolios 24 hours a day. ..... Read More
	10/08/2008
	‘’ Banker Middle East announced Khaleeji Commercial Bank (KHCB) the best Islamic investment advisory institution”
	In a recent interview with Banker Middle East, the chief executive of the winner of the 'best Islamic investment advisory institution' Ebrahim Hussain Ebrahim said in 12 months time that he expected that the bank would be : 'bigger and better.' the panel of judges for the Banker Middle East Awards 2008 and the reader of Bankers Middle East magazine decided that Khaleeji Commercial Bank was doing quite well already. ..... Read More
	10/08/2008
	Copy Of ‘’ Banker Middle East announced Khaleeji Commercial Bank (KHCB) the best Islamic investment advisory institution”
	In a recent interview with Banker Middle East, the chief executive of the winner of the 'best Islamic investment advisory institution' Ebrahim Hussain Ebrahim said in 12 months time that he expected that the bank would be : "bigger and better." the panel of judges for the Banker Middle East Awards 2008 and the reader of Bankers Middle East magazine decided that Khaleeji Commercial Bank was doing quite well already. ..... Read More
	23/07/2008
	Khaleeji Commercial Bank reports excellent First Half Results. Net profit increases by 224% to BD 26.2 million and Total Assest by 182% to BD 483 million
	Khaleeji Commercial Bank (KHCB) announced excellent financial results of BD 26.2 million in net profit for the half year ended in June 30th, 2008, an increase of 224% compared to BD 8.1 Million reported for the same period last year. Total assets reached BD 483 Million, an increase of 182% over the same period last year and 57% over first quarter of 2008. Return on average assets improved to 13.9% and Return on average capital increased to 52.4% . ..... Read More
	21/07/2008
	Khaleeji Commercial Bank begins its Annual Training Program for University Students
	Khaleeji Commercial Bank (KHCB) will be receiving a group of university students on its Annual Summer Training Program. ..... Read More
	16/07/2008
	Khaleeji Commercial Bank announces the establishment of Global Logistix Navi Mumbai Investment Company
	Khaleeji Commercial Bank announced today its newest investment fund: Global Logistix Navi Mumbai Investment Company with a target capital of USD430 million dollars. The fund will aid in the development of India’s first integrated logistics city project on a 400 acre site in Navi, Mumbai. ..... Read More
	14/07/2008
	Khaleeji Commercial Bank to sponsor Waqf Fund for research and training in Islamic Finance
	Khaleeji Commercial Bank has announced its sponsorship of the Waqf Fund, which was established by the Central Bank of Bahrain (CBB) to finance research, education, and training in Islamic Finance. ..... Read More
	30/06/2008
	Khaleeji Commercial Bank to reward Busaiteen Volleyball Team
	Khaleeji Commercial Bank is set to honour Busaiteen Volleyball Team in recognition of the team achievement of winning the Crown Prince Cup for this year. ..... Read More
	22/06/2008
	Khaleeji Commercial Bank to sponsor Ebrahim Al Arrayed Centennial Exhibition at the UNESCO Headquarters in Paris
	Khaleeji Commercial Bank is set to sponsor the centennial celebration of the famous Bahraini poet, Ebrahim Al Arrayed, at the United Nations Educational, Scientific, and Cultural Organization located in Paris, ..... Read More
	19/06/2008
	KHALEEJI COMMERCIAL BANK MAKES PRESENTATION TO ANLYSTS ON BSE LISTING
	Khaleeji Commercial Bank (“KHCB”), one of Bahrain’s leading Islamic banks, made a presentation to the media, analysts and the BSE brokers at the Ritz Carlton, regarding the listing of its shares on the Bahrain Stock Exchange. ..... Read More
	19/06/2008
	KHALEEJI COMMERCIAL BANK OFFICIALLY OPENS ORYX HILLS MAIN DEVELOPMENT
	Khaleeji Commercial Bank (“KHCB” or “the Bank”), one of Bahrain’s leading Islamic banks, today announced the official opening of its Oryx Hills mock-up villas and commencement of phase 2 development plans. The project is ..... Read More
	18/06/2008
	Trading of Khaleeji Commercial Bank on Bahrain Stock Exchange on
	An agreement was signed on Wednesday 11th June 2008 between Bahrain Stock Exchange (BSE) and Khaleeji Commercial Bank (KHCB) to list the Bank’s shares on the Bahrain Stock Exchange. ..... Read More
	28/04/2008
	KHALEEJI COMMERCIAL BANK INCREASES FIRST QUARTER NET INCOME BY 213% TO BD12.6 MILLION
	Khaleeji Commercial Bank (“KHCB”), one of Bahrain’s leading Islamic banks, today announced strong results for the first quarter of 2008. Net income for the quarter increased by 213% to BD12.6 million compared to BD 4 million for the corresponding period in 2007. ..... Read More
	18/02/2008
	Khaleeji commercial bank declares 15% dividend; elects new board of directors
	Khaleeji Commercial Bank (KHCB or the Bank), Bahrain's leading Islamic bank, today announced that shareholders have approved the recommendation of the Board of Directors to declare a 15% dividend on the back of excellent results for 2007. ..... Read More
	06/02/2008
	Khaleeji commercial bank increase net profit by 161% to BD 20.8 Million and declares 15% cash dividend
	Khaleeji Commercial Bank (KHCB), today announced excellent results for the year 2007. Net income for the year increased by 161% to BD20.8 million compared to BD8 million in 2006. ..... Read More
	08/11/2007
	Khaleeji Commercial Bank reports BD12.1 million in Net Profits for nine month ended in 30 September 2007
	Khaleeji Commercial Bank (KHCB) reported a net profit of BD 12.1 Million for the nine month period ending 30th September 2007, a 67% increase over the same period last year. ..... Read More
	08/10/2007
	Khaleeji Commercial Bank announces 91% rise in Net Profit at BD4.01 million in the 1st Quarter of the year
	Khaleeji Commercial Bank (KHCB), a wholly-owned subsidiary of Gulf Finance House (GFH) has announced its excellent financial result for the first quarter of this year ..... Read More
	08/10/2007
	Khaleeji Commercial Bank Raises its Share Capital by BD 70 million Share Capital increases to BD 100 million
	Khaleeji Commercial Bank, a wholly-owned subsidiary of Gulf Finance House B.S.C (GFH), today announced that it has increased its paid up capital by BD 70 million to BD 100 Million ..... Read More
	30/09/2007
	Khaleeji Commercial Bank reports BD8.1 million in Net Profits for the first half of the Year
	Khaleeji Commercial Bank (KHCB) announced excellent financial results of BD 4.1 million in net profit for the second quarter of 2007 ..... Read More