BHB share registrar for Ithmaar Bank

Manama : The Bahrain Bourse (BHB) yesterday announced it has been assigned by Ithmaar Bank as its share registrar.

An agreement to this end was signed by Chief Executive Officer of Bahrain Bourse, Shaikh Khalifa bin Ebrahim Al Khalifa and Ravindra Khot, Chief Operating Officer of Ithmaar Bank.

As per the deal, Bahrain Bourse will provide Ithmaar Bank with a variety of services that includes maintaining a record of the share register that holds the shares in electronic form, and updating the data of the registry resulted from dealing on the company’s shares in accordance with the rules and regulations of Bahrain Bourse.

In addition, the bourse will provide Ithmaar Bank with online services that include real-time shareholding confirmations with the percentage of investors’ holdings, key persons’ dealings, investors’ account statements, and other periodical reports.