Gatehouse Bank plc—a wholly-owned subsidiary of Gatehouse Financial Group and an associate of The Securities House—has announced the successful completion of a transaction involving the sale of a portion of its Islamic real estate financing portfolio, valued at approximately £400 million. This step aligns with the bank’s strategic objectives to redeploy capital and support its growth and expansion plans.
Financial Impact on the Company’s Position:
The Securities House expects to recognize its share of the net profit from this sale, amounting to approximately KD 300,000, which will be reflected in its financial results for the third quarter (Q3) of 2026.
