January 18, 2017 10:25 AM ET

Banks

Company Overview of Barwa Bank

Company Overview

Barwa Bank, an Islamic bank, provides banking services. The company offers retail banking products that include current and savings accounts; deposit profit rates; VISA charge cards; and personal, vehicle, home, and real estate finance, as well as prestige banking services. It also provides corporate banking services that include account and cash management services; call and mudarabah accounts; cash collection services; trade services, including import letter of credit, export letter of credit, and bank guarantee issuance; corporate Internet banking services; corporate charge cards; institutional banking services; and employee services. In addition, the company offers payment solutions, suc...

P.O. BOX: 27778

Doha,  

Qatar

Founded in 2008

Phone:

974 4448 8888

Fax:

974 4448 8889

Key Executives for Barwa Bank

Acting Chief Executive Officer
Chairman of The Board and Managing Director
Age: 31
Group Chief Financial Officer
Chief Operating Officer
Age: 60
Chief Executive Officer of The First Investor
Compensation as of Fiscal Year 2016.

Barwa Bank Key Developments

Qatari Bank Trio In Talks For Potential Merger

Barwa Bank, Masraf Al Rayan (Q.S.C.) (DSM:MARK) and International Bank of Qatar Q.S.C. have entered into initial talks for a potential merger, according to a statement said on Monday. This would create the Gulf state's second-largest bank. As per the joint statement from the three banks sent to Reuters, they have started discussions "to create a larger and stronger financial institution with a solid financial position and liquidity to support Qatar’s economic growth".

Barwa Bank Recommends Dividend for the Year Ended December 31, 2015

Barwa Bank announced that its Board of Directors recommended a 10% cash dividend, at QAR one per share for the year ended December 31, 2015.

Barwa Bank Reports Earnings Results for the Year Ended of December 31, 2015

Barwa Bank reported earnings results for the year ended of December 31, 2015. For the period, the group recorded a net profit of QAR 729.7 million, with earnings per share (EPS) reaching QAR 2.46, compared to QAR 713 million for 2014.

Similar Private Companies By Industry

Company Name Region
Barwa Bank Middle East/Africa
International Bank of Qatar Q.S.C. Middle East/Africa
Arab Bank PLC (Qatar) Middle East/Africa
BMI Qatar Middle East/Africa
HSBC Bank Middle East Limited - Qatar Branch Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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