Bank of Sharjah

NEWS DESK

Bank of Sharjah Appoints Damian White as New Head of Treasury

News Desk 2 16/05/2024

Bank of Sharjah is pleased to announce the appointment of Damian White as the new Head of Treasury. This appointment comes as part of the Bank’s efforts to strengthen its human capital, accelerate business growth and maximize value to shareholders. Commenting on the new appointment, Mohamed

NEWS DESK

Fitch Upgrades Bank of Sharjah’s VR to ‘b-‘ and Affirms IDR at ‘BBB+’ with a Stable Outlook

News Desk 2 07/05/2024

Bank of Sharjah is pleased to announce that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’with a stable outlook and upgraded its Viability Rating (VR) to ‘b-‘ from’ccc+’. The VR upgrade reflects the bank’s improved consolidated capitalisation following the reclassification of Emirates Lebanon Bank (ELB), its 100%

NEWS DESK

Bank of Sharjah makes strong rebound in Q1 2024 with a net profit of AED 80 million

News Desk 2 02/05/2024

Bank of Sharjah has reported a strong start to 2024, with first-quarter results showcasing a significant increase in net profit to AED 80 million. The Bank’s robust metrics are the result of strict adherence to a focused approach to funding, lending, and operational effectiveness. In this regard, the Bank has demonstrated comfortable liquidity, with a […]

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Bank of Sharjah acts as Joint Lead Manager and Bookrunner

News Desk 2 28/04/2024

Bank of Sharjah, one of the leading commercial banks in the UAE, reaffirms its commitment to expanding its presence in local, regional and international markets. Accordingly, the Bank has acted as a Joint Lead Manager and Bookrunner in a US$ 300 Million Additional Tier 1 (AT1) 5.5 years Sukuk for Kuwait International Bank (KIB), alongside […]

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Bank of Sharjah acts as Mandated Lead Arranger in a US$ 800 Million Syndicated Revolving Credit Facility

News Desk 1 17/03/2024

Bank of Sharjah, one of the leading commercial banks in the UAE, reaffirms its commitment to expanding its presence in local, regional and international markets. Accordingly, the Bank has acted as a Mandated Lead Arranger in a US$ 800 Million 4-year Syndicated Revolving Credit Facility for Investcorp Capital, alongside other international and regional banks. The […]

NEWS DESK

Bank of Sharjah Acts as Joint Lead Manager & Bookrunner in a$750 Million Bond 

News Desk 1 03/03/2024

Bank of Sharjah, one of the leading commercial banks in the UAE, has acted as a Joint Lead Manager and Bookrunner in the successful issuance of a $750 million 12-year U.S. dollar-denominated 144A/Reg S senior unsecured sustainable Bond for the Government of Sharjah, alongside other international and regional banks. The Bond attracted significant

NEWS DESK GCC UAE

Bank of Sharjah Appoints Q Market Maker (QMM) as Liquidity Provider

News Desk 1 20/11/2023

Bank of Sharjah, a leading financial institution listed on the Abu Dhabi Securities Exchange (ADX), is pleased to announce it has appointed QMM, ADX’s leading market maker, as its official liquidity provider. This move is aimed at enhancing trading liquidity, increasing transactional efficiency, and ensuring a fair valuation for the Bank’s shares on the ADX. […]

NEWS DESK GCC UAE

Bank of Sharjah Ignites Momentum for Substantial Growth with Appointment of Mohamed Khadiri as CEO

News Desk 2 17/05/2023

Sharjah, UAE – 17 May 2023 – Bank of Sharjah PJSC (Abu Dhabi SE: BOS) (the “Bank” or the “Group”), one of the leading commercial banks in the UAE, today announced the appointment of Mohamed Khadiri as the Chief Executive Officer effective  17 May 2023. This appointment comes as part of the Bank’s efforts to […]

NEWS DESK GCC UAE

Bank of Sharjah Boosts Capital by AED 800 Million

News Desk 2 05/05/2023

Sharjah, UAE – 5 May 2023 – Bank of Sharjah PJSC (Abu Dhabi SE: BOS) (the “Bank” or the “Group”), one of the leading commercial banks in the UAE, today announced the approval to increase the capital by AED 800 million during its Annual General Meeting held on 4 May 2023. This move is set […]

NEWS DESK GCC UAE

Bank of Sharjah Marks 50th Anniversary

News Desk 2 31/03/2023

Bank of Sharjah PJSC (Abu Dhabi SE: BOS) (the “Bank” or the “Group”), one of the leading commercial banks in the UAE, today announced its audited financial results for the year ended 31 December 2022. Despite economic challenges, the Group demonstrated strong financial performance, and continued to adhere to a disciplined and focused approach in […]

NEWS DESK GCC UAE

Bank of Sharjah Receives J.P. Morgan Quality Recognition Award

News Desk 2 28/02/2023

28 February 2023, Sharjah: Bank of Sharjah PJSC (Abu Dhabi SE: BOS) (the “Bank” or the “Group”), one of the leading commercial banks in the UAE, was awarded the J.P. Morgan Chase Bank US Dollar Clearing Elite Quality Recognition for best-in-class straight-through processing (STP) rates for the full year of 2022. The award recognises Bank […]

NEWS DESK GCC UAE

Varouj Nerguizian retires as Group CEO of Bank of Sharjah

News Desk 2 24/01/2023

Sharjah, UAE, 24 January 2023: The Board of Directors Bank of Sharjah PJSC (Abu Dhabi SE: BOS) (the “Bank” or the “Group”), one of the leading commercial banks in the UAE, today announced that Varouj Nerguizian will take up the new role of advisor to the Board, effective January 2023. Mario Tohme, General Manager will […]