Tuesday 15, May 2012 by Isla MacFarlane

Venture Capital Bank posts Q1 net profit of $8 million

Bahrain-based regional Islamic investment bank, Venture Capital Bank (VCBank), reported total income of $11.1 million and net profit of $8 million for the quarter ended 31 March 2012 compared with a loss of $2.9 million for the corresponding period in 2011.

Features & Analyses

Commercial Banking Banking—creatively disrupted

Sanjeev Kumar, Group CEO, M Holdings Limited, discusses how Bank M became a top bank in Tanzania and why it is now taking its offering… read more