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This is the press area where you can find
press releases relating specifically to
Venture Capital Bank and its work.

If you have a press enquiry for VCBank,
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22 July 2007
VCBank, UIB set up realty firm
Venture Capital Bank (VCBank) and United International Bank (UIB), On Saturday announced the launch of a Shariah compliant real estate development company (Sakani) that will invest in the development of identified residential housing projects in Bahrain, Saudi Arabia and the UAE.
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22 May 2007
VCB to set up fertiliser complex.

Venture Capital Bank (VCBank), an Islamic investment bank based in Bahrain, signed an agreement with Jordon Arab Fertilisers and Chemicals Company (JAFCCO) and a chemical fertiliser complex at White Valley in southern Jordan.
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26 March 2007
VCBank declares 12.5% dividend
Bank’s paid-up capital to go up from $66m to $165m

The shareholders of Venture Capital Bank (VCBank) approved a total dividend of 12.5 per cent at the bank’s first annual general meeting (AGM) at Movenpick Hotel yesterday.
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25 March 2007
VCBank earns 20.1% return on equity

Venture Capital Bank (VCBank) is set to see a major surge in its paid-up capital from $66 million to $150 million at an annual general assembly set for today.
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21 March 2007
Venture Capital talks set

Venture Capital Bank (VCBank) is set to host key meetings in Bahrain. The bank has extended an invitation to its board members and shareholders, to attend the bank’s annual general meeting (AGM), as well as its Extraordinary General Meeting (EGM), both of which are being held on Sunday March 25th at the Movenpick Hotel, Bahrain.
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4 March 2007
Successful Beginning: VCBank posts $13.3m profit, announces divedend

Venture Capital Bank yesterday posted a net profit of $13.3 million for the period ended 31 December 2006, achieved a return on equity of 20.1 per cent, and is recommending a 12.5 per cent dividend of which 7.5 per cent cash and 5 per cent in bonus shares.
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29 February 2007
Venture Capital Bank reports outstanding performance for the first year of operations
that exceeded all expectations.

Venture Capital Bank BSC (c) (VC Bank) held
its sixth board meeting yesterday, and reported
a strong performance for the first full year of operations.
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