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Eskan Bank Realty Income Trust (Bahrain)

Main Activities: Funds, Trusts, and Other Financial Vehicles
Full name: Eskan Bank Realty Income Trust Profile Updated: March 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Eskan Bank Realty Income Trust, located in Manama, Bahrain, was established in 1979. The bank's main purpose is to provide subsidized mortgages for low-to-middle income citizens of Bahrain. Additionally, the bank engages in community-related property development activities and facilities management. The Government of Bahrain is the sole owner of the bank, and it acts as the Ministry of Housing & Urban Planning's strategic partner and financial advisor. The bank works towards the continuous development of sustainable social housing programs and solutions to ensure Bahraini citizens have access to quality family homes in safe communities. Eskan Bank has evolved over time to become a facilitator that connects financiers, landlords, developers, and homebuyers in an innovative ecosystem. The bank is committed to optimizing government resources and exploring smarter business models to better support all stakeholders and meet the housing needs of citizens.

Headquarters
24Th Floor, Nbb Tower, Government Avenue, Po Box 11718
Manama; Manama;

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Website: http://www.eskanbank.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2016
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Sharia Adviser
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Sharia Adviser
Subsidiaries
Danaat Al Madina Company B.S.C. (C)
99%
Segaya Plaza Company B.S.C. (C)
99%
Company Performance
Financial values in the chart are available after Eskan Bank Realty Income Trust report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BHD. Absolute financial data is included in the purchased report.
Net sales revenue
2.84%
Total operating revenue
7.29%
Operating profit (EBIT)
13.56%
Net Profit (Loss) for the Period
133.43%
Total assets
0.24%
Total equity
0.19%
Operating Profit Margin (ROS)
6.75%
Net Profit Margin
41.01%
Return on Equity (ROE)
4.16%
Quick Ratio
-0.13%
Cash Ratio
-1.82%

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