Gatehouse Bank plc (Gatehouse), a wholesale Shariah compliant investment bank based in the City of London, has reported a strong set of results for the year ended 31 December 2012. Income for the period was up 153% to GBP 13.3 million (USD 20.3 million). And, in a sign of increasing liquidity and capitalisation, the Bank has reported an operating profit of GBP 4.9 million (7.5 million USD).
Read moreGatehouse Bank's Azeemeh Zaheer educates more Arab businesswomen, whilst an MOU is signed with a leading women's institution in Saudi Arabia.
Read moreGatehouse Bank plc (Gatehouse), a leading wholesale Shariah compliant investment bank based in the City of London, has announced that its associate has successfully completed the sale of a real estate investment located on 181 Fremont Street, which is at the heart of San Francisco's South Financial District in California. The total amount of the sale reached $71m (£46.4m), which yielded a profit on equity of 100% post costs and taxes.
Bank expands into South East Asia with opening of new representative office in Malaysia. The board is pleased to announce its expansion in South East Asia to cement its growing operations and to ensure its proximity with its key clients, regulators and stakeholders in the region. This follows on from the ground-breaking £165 million acquisition of the law firm SJ Berwin's offices at 10 queen Street Place in London, in collaboration with a flourishing Malaysian Sovereign Wealth Fund in September 2012.