Gatehouse Bank plc, the London-based Shariah-compliant investment bank, is pleased to announce the closure of its first real estate financing deal. The Bank acted as senior financier in the deal and is providing £11.7m for a luxury residential led development.
Read moreGatehouse Bank plc, the London-based Shariah-compliant investment bank, is pleased to announce the appointment of Henry Thompson as Chief Executive Officer. Mr. Thompson has taken over from Fahed Faisal Boodai, Chairman of Gatehouse Bank, who has acted as CEO during the past year. Mr. Boodai continues in his role as Executive Chairman.
Read moreGatehouse Bank, the London-based Shariah-compliant bank, is pleased to announce that it has been selected as joint winner in the RESI Awards for the 'Private Rented Sector (PRS) Deal of the Year' 2013, following its joint venture with Sigma Capital Group plc, the residential and urban regeneration specialist, in November last year.
Gatehouse Bank plc, the London-based Shariah-compliant investment bank announces income of GBP12.8million (USD 20.0million) and net profit of GBP4.0million (USD 6.3million) for the year-ended 31 December 2013. Income remained stable against the prior year but profit increased by 67% whilst operational expenses only increased by 3.6%.