VCBank & Al Sraiya Holding Group announce a strategic partnership with Mado, Turkey’s leading Ice-Cream and Patisserie Café chain
7th December 2016In 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 Grou ...
Read MoreVenture Capital Bank reports net profit of US$ 9.3 Million for year ended 30 June 2016
13th December 2016Venture 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 ...
Read MoreVCBank exits from Byrne and delivers 45% ROI for Investors
3rd September 2018Venture Capital Bank (VCBank) announced today the successful conclusion of its exit from Byrne Equipment Rental (BER) for a total transaction value of SAR 217 million (c. USD 58mn). This exit has generated a 45 per cent return on investment for inves ...
Read MoreVCBank completes the development of the Royal Hospital for Women in Riffa and announces its exit
7th October 2018 ● VCBank sells 69 pc stake in hospital to Amanat Holdings for US$ 39 million ● Royal Hospital for Women set to add new dimension to Bahrain's growing private healthcare sector ...
Read MoreVenture Capital Bank completes the Acquisition of Majority
27th May 2019Venture Capital Bank (VCBank), a Bahrain-based Shari'ah-compliant investment firm, announced its acquisition of a significant stake in the Caribou Coffee and Fuddruckers Restaurant franchises in the Kingdom of Bahrain. From its first outlet in Bah ...
Read MoreVCBank expands its multifamily property portfolio in USA through recent acquisition in Cincinnati, Ohio
25th June 2019Venture Capital Bank (VCBank), a Bahrain-based Islamic wholesale bank, licensed from the Central Bank of Bahrain, announced today that it had expanded its multifamily property portfolio in the USA through the acquisition of Glenbridge Manors in Cincinnati, ...
Read MoreVCBank concludes successful exit from its US multifamily residential assets Bridgewater and Preston Creek and delivers 49% ROI for investors
6th October 2019Venture Capital Bank (VCBank), an Islamic wholesale bank licensed by the Central Bank of Bahrain, announced today its successful exit from a real estate portfolio in the US multifamily residential sector. With a gross sale value of USD 104 million, this exi ...
Read MoreVenture Capital Bank holds its seventh AGM and approves the distribution of 5% cash dividends
30th November 2014Venture Capital Bank BSC (c) held its seventh Annual General Meeting (AGM) on October 30, 2014 at the Sheraton Hotel, Bahrain, to discuss the Bank’s performance and the audited accounts for the year ended 30 June 2014 with ...
Read MoreABG-Venture Capital top key Islamic banks list
10th September 2015Bahrain'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 t ...
Read MoreVCBank Wins “Best Islamic Investment Bank” Award
29th September 2015Venture 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. ...
Read More