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VC Bank concludes successful exit from its US multifamily residential assets Westhaven and delivers 54% ROI for investors

12th January 2022

Venture Capital Bank (VCBank), an Islamic wholesale bank licensed by the Central Bank of Bahrain, announced today its successful exit from a real estate portfolio in the US multifamily residential sector. With a gross sale value of USD 116.5 million, this exit generated a return on investment (ROI) of 54 per cent; and provided investors with an internal r ...

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Venture Capital Bank Launches ‘VCB Online’ Platform for its Clients

13th July 2021

Venture Capital Bank (VCBank) B.S.C, the Bahrain-based Shari’ah-compliant investment bank, announces the launch of its new online platform, ‘VCB Online’, a mobile application designed to provide clients with a convenient way to access their investment portfolios digitally. The new online platform, currently offered in English and Arabic and comp ...

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Venture Capital Bank Announce Q2 Financial Results for the Six Months Period Ended 31 December 2020

15th June 2021

Venture Capital Bank (VCBank) B.S.C, the Bahrain-based Islamic Bank, has recently announced its financial results for the second quarter of 2020-2021, corresponding to the Three-month period ended 31 December 2020, in which the Bank reported a net loss of USD1.795 million, in comparison with a net loss of USD43.497 million (restated) during the same perio ...

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Venture Capital Bank Announces Q1 2020-2021 Financial Results

7th February 2021

Venture Capital Bank (VCBank) B.S.C, the Bahrain-based Islamic Bank, has recently announced its financial results for the first quarter of 2021, corresponding to the three-month period ended 30 September 2020, in which the Bank reported a net loss of USD8.656 million, in comparison with USD1.030 million during the same period of the previous year. ...

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