Moody's Investor Services has said that the merger would be beneficial for Kuwait Finance House
in spite of the geographically dispersed asset bases, as it would strengthen and diversify KFH's business, support its profitability and also offer benefits from potential economies of scale.
In Abu Dhabi, Finance House
was the biggest gainer while National Marine Dredging Co was the biggest loser.
21 May 2012 - Bahraini investment bank Gulf Finance House
(BSH:GFH) said on Sunday it had secured the nod of its Islamic bondholders to extend by six years the maturity of its outstanding debt of USD110m (EUR86m).
Summary: Kuwait Finance House
, whose shares were suspended on Monday, said it had sold 20 plots of land for 10.
, a leading Abu Dhabi based finance company, will be the principle founder with an approximate 40 per cent share of the total capital of the company.
Summary: ADX (Abu Dhabi Securities Exchange)-listed Finance House
PJSC has become the latest big-ticket business to reveal plans to relocate its corporate headquarters to Capital Centre,
MANAMA: Standard Chartered has won the Best Foreign Bank in the Middle East award and Best Mortgage/Home Finance House
Award from Banker Middle East magazine.
DAMASCUS, (SANA) Syrian Investment Authority (SIA) signed, on behalf of the under construction Syrian Finance House
(SFH), a memorandum of understanding with Gulf Finance House
(GFH), as to develop an economic region and projects related to energy and phosphate exploration in Syria.
Kuwait Finance House
(KFH- Kuwait) Chairman and Managing Director Bader Al-Mukhaizeem hailed the attractive investment climate in Jordan, especially in banking and finance sectors.
The Bahraini winners included: Khaleeji Commercial Bank for 'Best Islamic Commercial Bank,' Centre for Islamic Finance (BIBF) was named the 'Best Islamic Training Institution,' Al Baraka Banking Group was recognised for 'Best Islamic Globalisation Effort,' Unicorn Investment Bank received an award for 'Best Islamic Investment House,' and Kuwait Finance House
won the 'Best Islamic Wealth Management Campaign Award.
Kuveyt Turk is a special finance house
established in 1989 that has 35 branches in Turkey.
Summary: Bahrain's Gulf Finance House
(GFH) plans to build an IT and telecoms business park in Tunisia worth $3 billion, Tunisian official news agency TAP said on Thursday.
One of the deals also heralded the entrance of Kuwait Finance House
into the long term care field.
He asked the finance house
for a settlement and paid it but now he can't get credit.
Store card APRs are higher than other card products because the retailer exerts pressure on the finance house
to accept as many applicants as possible.