Tamkeen, BisB launch BD20m portfolio

Published: 28/05/2017
Tamkeen, BisB launch BD20m portfolio
Source: WWW.BNA.BH

Manama, May 28 (BNA): Under the program Tamweel+, launched by Tamkeen earlier this year, Tamkeen’s labour fund and Bahrain Islamic Bank inaugurated a BD 20 million portfolio to support medium and large enterprises. The program provides Sharia-compliant financing, with Tamkeen supporting 70% of the annual profit rate capped at 8% on reducing balance. The financing amount ranges from BD 1 million to

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