The project was made possible with very strong support from our Board of Directors said, "Haji Osman Bin Haji Md Jair, Managing Director of Insurans Islam TAIB
Group of Companies.
31 November 2014 - The Turkish Banking Regulation and Supervision Agency has granted permission to Azerbaijani investment and corporate financial institution Pasha Bank to acquire the controlling stake of TAIB
Bank from Aksoy Holding of Turkey, Pasha said.
Turkey-based Pasha Bank OJSC has received approval to purchase the shares of its peer, TAIB
Bank, from Turkey-based Aksoy Holding.
In April 2013, 100% of TAIB
Kazakh Bank was sold to Orifjon Shodiev, after which the bank was renamed in February 2014.
16 August 2011 - Capital Intelligence today downgraded the long-term foreign currency and financial strength ratings of Bahrain-based TAIB
Bank BSC (BSH:TAIB
) to BB, respectively, while keeping its short-term foreign currency rating at B and support level at 4.
We at Al Salam Bank-Bahrain are honored to establish a strategic partnership with TAIB
and for TAIB
's trust in our bank," said Nabeel Ebrahim Al Tattan, executive vice president and head of Mena.
In terms of loss trends, in the first quarter TAIB
Bank made losses of $3.
The partnership affirms the positive reception of our innovative product portfolio within the Bahrain banking community and we look forward to supporting TAIB
Bank in the years ahead as it moves from strength to strength under Sultan following its recent restructuring.
22 February 2010 - Fitch lowered on Monday to 5 from 4 the support rating of Bahraini TAIB
), citing concerns over the likelihood of financial back-up from its main shareholder, Dubai Financial Group (DFG).
Bank has clarified that during the EGM held on the 25 November, TAIB
aimed to gain the shareholders decision on two major topics, one of which being a real estate transaction in India, and the second being to discuss the financial condition of the bank.
MANAMA: Bahrain-based TAIB
Bank, a rapidly growing regional investment bank, has become a trading member of the Bahrain Financial Exchange (BFX).
Bank has appointed a new board during the recently held shareholder general meeting.