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Ithmaar Bank’s Private Banking Department serves high net worth individuals, family investment offices, corporate entities and Financial Institutions situated in those regions. The Department the provides personalised and private banking services, financial advice, and investment services for high net worth clients and institutions through a close understanding of clients’ needs and an ability to meet these needs proactively.
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23 Oct 2018 Cityview project formally inaugurated, apartment handover begins

MANAMA, BAHRAIN – 23 October 2018 – Cityview Real Estate Development Company (Cityview), a Bahrain-based real estate development company, announced today (ed note: 23/10/18) the formal inauguration of the Company’s Cityview building and said it had started handover apartments to their owners.
Speaking at the inauguration ceremony, Cityview Chairman, Abdulhakeem Al Mutawa, said he is pleased that, despite the many complex challenges, the project was successfully completed.

13 Aug 2018 ITHMAAR HOLDING AND ITHMAAR BANK REPORT HALF-YEAR PROFITS

MANAMA, BAHRAIN – 13 August 2018 – Ithmaar Holding B.S.C., a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic retail bank, each announced their financial results for the first half of 2018 with both reporting profits for the period.
The announcement by the Ithmaar Holding Chairman His Royal Highness Prince Amr Al Faisal, who is also the Ithmaar Bank Chairman, follows the review and approval of both Board of Directors of the consolidated financial results for the six-month period ended 30 June 2018.

20 Jul 2018 ITHMAAR BANK OFFERS CARDHOLDERS DISCOUNTED RATES ON GULF AIR FLIGHTS

MANAMA, BAHRAIN– 22 July 2018: Ithmaar Bank, a Bahrain-based Islamic retail bank, has renewed an agreement with the Kingdom’s national carrier, Gulf Air, granting the Bank’s credit card and debit cardholders exclusive discounts on flights purchased on the official Gulf Air website, gulfair.com until 31 March 2019.
The offer is applicable to all Gulf Air’s online fares for both Falcon Gold (business class) and economy class tickets. A discount code will be distributed to all Ithmaar Bank cardholders.

17 Jul 2018 ITHMAAR BANK CUSTOMER WINS US$250,000

MANAMA, BAHRAIN – 17 July 2018 – Jaber Shamsaldin, a Bahraini father of three, took home a US$250,000 cash prize after becoming the latest winner of a Thimaar grand prize from Ithmaar Bank, a Bahrain-based Islamic retail bank.
Thimar, a prize-based savings account, rewards Ithmaar Bank customers who save using the account with a chance to win up to 4,015 prizes totalling US$3,170,000 throughout the year.

11 Jun 2018 ITHMAAR BANK RENEWS ITS PCI-DSS CERTIFICATION

MANAMA, BAHRAIN – 3 July 2018– Ithmaar Bank, a Bahrain-based Islamic retail bank, announced that SISA Information Security, the Middle East region’s leading security assessor, has renewed its certification of the Bank to confirm the highest payment security standard possible for any organisation dealing with payment card related information.