The three Bahraini Islamic investment Banks Capivest, Elaf Bank and Capital Management House have agreed to merge in order to better compete in a fragmented market. The combination will create a bank with assets of $400 million which should be able to …
The three Bahraini Islamic banks Capivest, Elaf Bank and Capital Management House have completed their merging into a single entity with total assets worth over $400m and total equity of around $340m. Shareholders had given their approval to the tie-up…
The merger between three Islamic banks based in Bahrain – Elaf Bank, Capital Management House and Capivest – has been successfully closed by Kuwait Finance House-Bahrain (KFH-Bahrain). The merger will enable a strengthened financial institution with a …
The central bank of Bahrain has given its confirmation to the merge of Capivest, Elaf Bank and Capital Management House (CMH). The three Islamic lenders will merge into a $400m asset base and $350m shareholder equity entity will get underway before the…
Bahrain-based Capivest successfully closed $30m plus deal with Cemena Holding Company B.S.C. and now owns 9% of Naseej—a fully-integrated real estate and infrastructure Development Company to focus on mega projects in the Middle East and North Africa…
Capivest, a Bahrain-based Islamic investment bank, will support Jewellery Arabia 2010, the region’s largest and most prestigious jewellery and watch exhibition, as a sponsor.
Jewellery Arabia will be held at the Bahrain International Exhibition and C…
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