barwa-bank

Barwa Bank reports 46% surge in 2013 net income

: Tuesday, June 10 - 2014 @ 01:25

Qatari Islamic lender, Barwa Bank Group has posted a 46% surge in 2013 net profit to QR503.9m, compared with QR345.2m in the previous year, the Peninsula has reported. Total assets of the bank increased by 33% to reach QR33.6bn a result of 26% growth in the financing portfolio from QR15.3bn to QR19.3bn with customer deposits rising from QR14.8bn to QR 21.2bn, the bank said.

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Tuesday, June 10- 2014 @ 1:25 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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