Company Overview of Barwa Bank
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
Founded in 2008
Key Executives for Barwa Bank
Acting Chief Executive Officer
Chairman of The Board and Managing Director
Group Chief Financial Officer
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
Dec 20 16
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
Apr 10 16
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
Apr 10 16
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.
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