Latest News
Venture Capital Bank Board of Directors approved the Final Letter of Intent from Esterad
13th March 2022Venture Capital Bank (“VCBank”), an Islamic wholesale bank licensed by the Central Bank of Bahrain (“CBB”), has counter-signed a binding Letter of Intent from Esterad Investment Company B.S.C (“Esterad”), to acquire a majority stake with minimum of 75% and up to 100% stake in VCBank, as approved by VCBank’s board of directors. Established in 1973, E ...
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VC Bank concludes successful exit from its US multifamily residential assets Westhaven and delivers 54% ROI for investors
12th January 2022Venture 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 2021Venture 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 2021Venture 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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© 2021 VENTURE CAPITAL BANK. LICENSED AS AN ISLAMIC WHOLESALE BANK BY THE CBB.
Road 1704, Block 317, Building 247, Diplomatic Area, P.O.Box 11755, Manama, Kingdom of Bahrain
© 2021 VENTURE CAPITAL BANK. LICENSED AS AN ISLAMIC WHOLESALE BANK BY THE CBB.