ABC Islamic’s first-half earnings up 25%

: Thursday, July 31 - 2014 @ 08:28

Bahrain’s ABC Islamic Bank has reported a 25% jump in its net profit for the first half of 2014 to $7.5m, compared with $6m reported in the same period last year, Khaleej Times has reported. Net profit for the second quarter rose 43% year-on-year to $4m and also represents a 14% increase over the previous quarter. Operating expenses also climbed to $1.5m from $1.3m in the second quarter of 2013.

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Thursday, July 31- 2014 @ 8:28 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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