A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Total Assets at 30 June 2008 were $237.6 million compared to $257.3 million at year end 2007 and $87.7 million at 30 June 2007. The increase in assets since 30 June 2007 was mainly due to the share issue that was completed in December 2007 which generated net proceeds of $138.9 million.
The annualised returns for the 2008 first half were 10.4 per cent on Average Equity and 9.1per cent on Average Assets, while the Cost to Income Ratio was 51.7per cent which compares very favourably with that of other regional investment banks.
Capital Adequacy Ratio under Basel II was 133.1per cent as at 30 June 2008 versus the Central Bank of Bahrain's minimum requirement of 12 per cent, demonstrating IIB's ample capacity to increase its investment portfolio in the future from a regulatory capital standpoint.
Saeed Abdul Jalil Mohammed Al Fahim, Chairman of IIB, said: " The Bank has accomplished several transactions in the first half of 2008, including the placement of the remaining portion of two investment offerings commenced in the last quarter of 2007."
A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas
'I am proud of you. This is going to be historic,' the former first lady told Harris in a live video call
The application will be operational from Thursday, August 1
Prices for affordable apartments in popular areas have witnessed a rise of up to eight per cent compared to the second half of 2023
Residents have been warned not to approach the area
The number of arrests in days of violence in the country passed the 2,500 mark in an AFP tally
This new store in Fujairah is the second of its kind in the UAE, following the successful launch of the small store concept in Al Wahda Mall in 2020