KFH-Bahrain to open auto finance unit at Sitra Mall
MANAMA, 21 days ago Edamah Property Management Company (EPMC), a wholly owned subsidiary of Edamah, has announced the signing of a lease agreement with Kuwait Finance House - Bahrain (KFH-Bahrain) to operate a branch dedicated to automobile financing at the soon-to-be renovated Sitra Mall. KFH-Bahrain Auto will focus on auto finance vehicle financing solutions, serving customers of the kingdom’s major car dealerships, most of which are located in the area. EPMC General Manager Waleed Adel Ali said: “We are committed to supporting local communities by carefully selecting strategic partners who can add value to our managed properties and developments. We aim to offer Sitra Mall visitors a comprehensive range of service, shopping and culinary options while benefiting from the mall’s waterfront location.
Al Baraka Islamic wins top retail banking awards
MANAMA, January 3, 2021 Bahrain-based Al Baraka Islamic Bank (AIB)has been awarded the ‘Best Islamic Retail Bank for Social Responsibility Award 2020’ and ‘Best Islamic Retail Banking Product (Assets Side) 2020 for Tamkeen Finance’ at the Islamic Retail Banking Awards (IRBA). The Online Awards Ceremony (OAC) of the 6thedition was held live recently and broadcasted through multiple online channels. Tamkeen Finance” allows entrepreneurs to grow their businesses further with fully Shari’a-compliant finance facilities from Al Baraka Islamic Bank in partnership with Tamkeen. Hamad Abdulla Al Oqab, Chief Executive Officer of Al Baraka Islamic Bank said: We, at Al Baraka Islamic Bank, are very keen on enhancing our banking services to suit the various requirements and needs of our cherished customers. These efforts reflect our constant endeavours to ensure their satisfaction, trust, and loyalty to the bank. We are extre