BBK reports 7% growth in Q1 profit
23/04/2014 10:08 am EDT

share with your network:

Bank of Bahrain and Kuwait (BBK) has posted a 7.1% increase in net profit for the three months ended March 31 to BD14m ($37.13m), compared with BD13.1m for the same period last year, Gulf Daily News has reported. Fee income generated from loans, credit cards, commercial services, and other services grew 12% to BD6.7m, while foreign exchange and investment income at the end of quarter stood at BD4.8m, said the lender. Operating expenses dropped 7.6% from BD12.4m as of March last year to BD11.4m, BBK said.

About the Author

share with your network:

Share your view

© 1996-2015 Media quest FZ LLC A media and entertainment company
Middle East Main Office
[email protected]
© 2015 Dubai Business | Ameinfo . All rights Reserved.