News

ESTERAD BANK ANNOUNCES SUCCESSFUL ARRANGEMENT AND OVERSUBSCRIPTION OF AMWAJ MEZZANINE PROGRAM
4th May 2024

Esterad Bank today announced the successful arrangement of the US$10 million Amwaj Mezzanine Program, a Shariah compliant Mezzanine Murabaha financing, which was oversubscribed by 20%, and placed with institutional and high-net-worth investors from across t ...

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Esterad Bank Announcement and Appointment of Ahmed Abdulrahman as Acting CEO
15th February 2024

Manama: 15 February 2024, Venture Capital Bank B.S.C. (c) revealed its new corporate identity today, changing its name to Esterad Bank B.S.C. (c), appointing Mr. Ahmed Abdulrahman as Acting CEO to reflect its aspirations for sustainable growth and to pave t ...

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VCBank Merger With Esterad Anticipated Within the Next 6 Months
30th September 2023

BANK SUCCESSFULLY EXITS “THE WORLD” INVESTMENT Manama, Bahrain: Venture Capital Bank (“VCBank”), an Islamic wholesale bank licensed by the Central Bank of Bahrain, has successfully exited from its investment in The World Developme ...

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Investing During Uncertain Times
6th April 2023

Investing during uncertain times Economists are predicting a recession in many countries around the world. Although the severity of this looming recession is debatable, the factors driving it, such as ongoing geopolitical ...

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