First Energy Bank

First Energy Bank Appoints New Chairman

Manama, Bahrain - 23 February 2011: Bahrain-based First Energy Bank (FEB) held its first Board Meeting for the year on the 9th of February, 2011, during which the board discussed the Bank’s recent performance as well as the Bank’s plans for 2011 and beyond. Additionally, the board of directors unanimously appointed Khadem Abdulla […]

First Energy Bank Announces Record NET Profits of US$ 10 million

First Energy Bank Records US$ 6.0 million Profit in First Half of 2010

Manama, Bahrain - 12 August 2010: First Energy Bank (FEB) announced today a net profit of US$ 6.0 million for the first half of 2010, an increase over the US$ 5.6 million achieved during the same period last year. FEB also reported achieving a gross income of US$ 18.1 million in the first […]

First Energy Bank Records Q1 Profits of US$ 3.96 million

Manama, Bahrain - 16 May 2010: First Energy Bank (FEB) announced today a net profit of US$ 3.96 million for the first quarter ending on 31st March 2010. FEB also reported a Gross Income of US$ 10.32 million, with a total Assets increase to US$ 1,242 million. Additionally, the total equity attributable to shareholders rose […]

First Energy Bank Holds 3rd Annual General Meeting

Manama, Bahrain, 30 March 2010: First Energy Bank (FEB) today held its third third Annual General Meeting, during which it announced that it had achieved very good financial results in 2009. Specifically, FEB’s profits rose to $14.2 million, while its total revenues increased to $47.41 million, and total assets rose to $1.233 billion.Esam Yousif Janahi, […]