News Column

BAHRAIN: Al Baraka net profit hits $67m

June 1, 2014



Islamic bank Al Baraka Banking Group (ABG) announced a one per cent year-on-year net profit increase to $67 million for the first quarter of 2014. Total assets increased one per cent, total financing and investments by two per cent and customer accounts by one per cent for the period, compared to end-2013 levels, ABG said.


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Source: Gulf, The (Bahrain)