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Venture Capital Bank BSC (c) has announced dividends to its shareholders totaling 9.06% for 2015, comprising effectively 2.52% in cash and 6.54% in bonus shares on their existing holdings (inclusive of 0.93% from a reallocation of Employee Share Ownership Plan bonus shares together with cash dividends thereon) following regulatory approval of the resoluti ...
Read MoreVenture Capital Bank BSC (c) (VCBank) reported a net profit of US$ 14.1 million for the year ended 30 June 2015 compared to US$ 14.6 million for the previous year and a return on net paid-up capital of 7.8%. The announcement was made following clearance by auditors Ernst & Young, and approval of the audited financials by the Board of Directors. The re ...
Read MoreVenture Capital Bank (VCBank) has received the award for the "Best Islamic Investment Bank" at the Global Islamic Finance Awards (GIFA) for 2015. The Awards Ceremony was held in Bahrain on the evening of September 28, 2015 at the Gulf Hotel. On the occasion, VCBank's Board Member and Chief Executive Officer, Mr. Abdullatif Mohamed Janahi ...
Read MoreBahrain's Al Baraka Banking Group (ABG) and Venture Capital Bank lead the GCC Islamic Financial Disclosure Index Rankings, it has emerged. The conveners of the 22nd annual World Islamic Banking Conference (WIBC) yesterday revealed the ranking of the top five GCC Islamic banks rated according to their financial disclosure, subsequent to the annou ...
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