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Venture Capital Bank BSC (c) (VCBank) reported a net profit of US$ 9.3 million for the year ended 30 June 2016 compared to US$ 14.1 million for the previous year, representing a decrease of 34% over the prior year. In the last quarter of the financial year the Bank earned a net profit of US$ 16 million, compared to US$ 12.1 million in the corresponding qu ...
Read MoreIn the presence of Turkish Deputy Prime Minister, H.E. Veysi Kaynak, and H.E. M.Rifat Hisarciklioglu, President of the Union of Chambers and Commodity Exchanges of Turkey, Bahrain-based Venture Capital Bank (VCBank), alongside Qatar's Al Sraiya Holding Group (Al Sraiya) and other strategic investors, announced that they have entered into a joint partnersh ...
Read MoreVenture Capital Bank (VCBank) announced today the election of Mr. Abdulfatah Marafie as Chairman of the Board of Directors, and Mr. Mohammed AlSarhan as Deputy Chairman. These appointments follow the departure of Dr. Ghassan Al-Sulaiman, due to his ministerial appointment as Governor of the General Authority of Small and Medium Enterprises in the Kingdom ...
Read MoreVenture Capital Bank BSC (c) and Seera Investment Bank BSC (c) ("The Consortium") announced the successful acquisition and completion of the subscription of a real estate portfolio consisting of two multifamily residential assets in Atlanta, Georgia, USA, consisting of 866 units. This investment marks the Consortium's first investment in the US Multifamil ...
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