-
Investor Relations
- Corporate Governance
- Investor Presentations
- Annual Reports
- Compliance and AML
- Sustainability
- Financial Information
- Shareholders Toolkit
- FAQs
- Investors’ Queries
-
-
-
Accounts
- Al Hayrat Account
- Current Account
- Fixed Deposits Account
- Money Maker Account
- Salary Transfer Account
- Starmaker Account
- Super Saver Account
-
Al Wajaha
- Overview
-
BBK Lite
- Overview
-
NRI
- NRI Services
-
Debit Cards
- Classic
- Gold
- Signature
- Infinite
-
Self-service Banking
- ATM
- Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
- Debit Card Issuance Machines
-
Foreign Exchange
- Remittance
- American Express
-
-
-
Insurance
- Home Secura
- Motor Secura
- Travel Secura
-
Investment
- Bonds
- IPO
- Mutual Funds
- Real Estate Investment
-
-
-
Branches and Self-Service
- Branches
- ATM
- Deposit Machines
- Debit Card Issuance Machines
- Corporate Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
-
Contactless Payments
- Apple Pay
- Samsung Wallet
- Google Pay
- Garmin Pay
- Fitbit Pay
-
More Ways to Bank
- Mobile app & Online Banking
- eStatements
- BBK BanKey
- Corporate Deposit Card
- Debit Card
- Telebanking
- Open Banking
- AFAQ Payment System
- Remittance
- Visa Click to Pay
-
Sign Language
- Sign Language Directory
-
-
-
-
-
Accounts
- Business Current Account
- Business Fixed Deposit Account
-
Cash Management
- Bankey eBanking
- Payroll Services
- Deposit Machines
- POS Credimax
- Remittance
-
-
-
Working Capital Finance
- Overdraft
- Cheque discounting
- Short Term Loans
-
Long Term Finance
- Project Finance
- Assets Finance
- Real estate Finance
-
-
-
Corporate Banking
- Government Affairs
- Real Estate, Services and Trading
- Contracting, Building Material, and Manufacturing
-
International Banking
- Overview
- Services
- NRI
- Offshore Branches
- Representative offices
-
Enterprise Banking
- Overview
-
-
-
-
-
FINANCIAL NEWS
Bahrain’s Batelco negotiates USD650m loan deal to fund CWC purchase
05 Dec 2012
(MENAFN) Bahrain Telecommunications’ (Batelco) CEO for strategic assignments, Peter Kaliaropoulos, stated that the company is approaching a USD650 million loan deal with two commercial banks to finance the acquisition of several Cable & Wireless Communications’ (CWC) assets, reported Arabian Business.
Kaliaropoulos added that Batelco is looking for a bridge loan for 12 months that will be replaced by a bond.
He added that the loan would finance the first stage of the purchase, and would cover the acquisition of CWC’s Monaco and Islands division.
The Bahraini firm will obtain a 25-percent stake in Compagnie Monagesque de Communications (CMC), which owns CWC’s 55 percent interest in Monaco Telecom, which in turn holds a 36.8-percent stake in Roshan, a mobile phone operator in Afghanistan.
Kaliaropoulos noted that the second stage of the purchase will allow the comapny to acquire a controlling stake in CWC’s remaining 75 percent stake in CMC for USD345 million.
He said that within the coming 12 months, Batelco will decide how to fund the second phase of the acquisition.
It is worth noting that Batelco announced on Monday that it will acquire CWC assets in a 2-stage deal worth up to USD1 billion.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more