29 Nov 2012
(MENAFN) The UAE Central Bank stated that at the end of August, the bank’s fixed-income securities investment exceeded USD56.34 billion, reported Emirates 24/7.
The amount represented around 80 percent of the bank’s total assets.
The bank said that at the end of last year, investments reached USD46.54 billion.
In the January-August period, held-to-maturity investments grew by around USD8.16 billion to hit a record USD54.89 billion, representing a rise of 17.9 percent from the end of 2011.
In the 8-month period, the central bank’s deposits with other banks increased by almost USD1.08 billion to USD9.41 billion.
It is worth noting that at the end of last year, the bank expected its total revenue in 2012 to reach around USD1.17 billion, whereas spending would reach USD223.73 million.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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