MANAMA, BAHRAIN – 13 May 2016 – Ithmaar Bank, a Bahrain-based Islamic retail bank, reported today (ed note: 13/05/16) a net profit of US$4.83 million for the first quarter of 2016, compared to the US$7.62 million net profit reported for the same period last year. Net profit attributable to equity holders of the Bank for the first quarter of 2016 was US$1.22 million, which is lower by 54 percent compared to the US$2.64 million profit reported for the same period last year.

MANAMA, BAHRAIN – 19 April 2016 – Ithmaar Bank, a Bahrain-based Islamic retail bank, announced that it has inaugurated a new Automated Teller Machine (ATM) at the second roundabout in Hamad Town, next to Kanoo Mosque. The new offsite ATM, said Ithmaar Bank Assistant General Manager, Head of Retail Banking, Mohammed Janahi, brings the total number of ATMs in Ithmaar Bank’s fast growing retail banking network to 47, including 17 at full service branches, at strategic locations across Bahrain.

MANAMA, BAHRAIN – 17 April 2016 – Ithmaar Bank, a Bahrain-based Islamic retail bank, awarded its Thimaar savings account quarterly prize of a Lexus GS 350 plus US$25,000 to Bahraini national, Ebrahim Khalifa Ahmed Albinali. The Ithmaar Bank customer won the first ever Thimaar prize that combines a cash award with a luxury car. The Bank also announced 185 other Thimaar winners for the March monthly draw, including a US$10,000 monthly prize winner. Another 92 Thimaar account holders won US$1,000 each and 92 Thimaar Junior winners won US$200 each in the daily draws.

MANAMA, BAHRAIN – 28 March 2016 –Shareholders of Ithmaar Bank, a Bahrain-based Islamic retail bank, today approved (ed note: 28/03/16) plans for a new group structure designed to further develop the growth achieved in the core retail banking business, the strategic focus of the Bank.

MANAMA, BAHRAIN – 20 March 2016 – Ithmaar Bank, a Bahrain-based Islamic retail bank, announced that it has inaugurated a new Automated Teller Machine (ATM) at the Al Rawdha fuel station in Hamad Town. The new offsite ATM, said Ithmaar Bank Assistant General Manager, Head of Retail Banking, Mohammed Janahi, brings the total number of ATMs in Ithmaar Bank’s fast growing retail banking network to 46, including 17 at full service branches, at strategic locations across Bahrain.