16.01.2012 - Itqan Capital banks on Saudi opportunities
Bahrain-based Al-Baraka Banking Group (ABG) has announced the launch of Itqan Capital, formerly known as Altawfeek Financial Group, in Saudi Arabia, through its fully-owned subsidiary Al-Baraka Islamic Bank Bahrain (ABIB). ABIB owns the majority of shares of the newly launched company. ABIB Chairman Khaled Al-Zayani, while underlining the importance of the business model of the newly launched firm, said it would focus on four areas including asset management, principal investment, investment banking, and custodial services all supported by centralized advisory, research and business development capabilities...............................................Full Article: Source
Print