October 22, 2014 6:44 PM 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: 29
Group Chief Financial Officer
Group Chief Operating Officer and General Manager of International
Chief Executive Officer of The First Investor
Compensation as of Fiscal Year 2014.

Barwa Bank Key Developments

Barwa Bank Qatar Opens New Branch at Pearl-Qatar

Barwa Bank Qatar has announced the opening of its new branch at the Pearl-Qatar to ensure convenience for the bank's high-end customer base. The newly-inaugurated branch is in continuation of Barwa Bank's strategy to further strengthen relationships with its customers through unprecedented service and innovative product offerings. The new branch is located in Medina Centrale the heart of the Pearl-Qatar and a hub for high-end amenities and facilities. Barwa Bank will provide its Prestige service to tenants living in the vicinity as well as patrons and visitors to the area.

Barwa Bank Announces Executive Changes

Barwa Bank announced the appointment of Abdulla Majed Al Malki as Group Chief Administrative Officer and Abdulaziz Sultan Al Kuwari as Head of Qatarisation. His key responsibilities include the supervision of the Human Resources and Administration and Facility Management departments. Prior to joining Barwa Bank, Al Malki served as HR and Administration Manager at the Qatar Development Bank for four years. Al Kuwari has proven leadership in learning and development. With over five years of experience in the domain, he recently served as Qatarisation and Talent Development Manager at HSBC.

Barwa Bank Group Announces Financial Results for the First Half of 2014

Barwa Bank Group announced financial results for the first half of 2014. The results show an increase in the bank’s net profit by 35% to reach QAR 411 million compared with QAR 303 million during the same period in 2013. Earnings per share also increased to QAR 1.38 in comparison to QAR 1.01 in the first half of 2013.

Similar Private Companies By Industry

Company Name Region
HSBC Bank Middle East Limited - Qatar Branch Middle East/Africa
Barwa Bank Middle East/Africa
Arab Bank PLC (Qatar) Middle East/Africa
Standard Chartered Bank, Qatar Middle East/Africa
Qatar First Bank Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 29, 2014
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