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Islamic Finance Briefing - Categorized | Banking, Performance more

National Bank of Bahrain net profit soars to $36mln

Posted on 12 April 2011

The National Bank of Bahrain (NBB) has achieved a net profit of BD13.63 million ($36.25m) for the first quarter of 2011, compared to BD13.22m ($35.16m) in the same period last year, an increase of 3.1 per cent.
Chairman Farouk Almoayyed said the results reflect the bank’s strong financial position and its ability to continue to generate steady and strong returns to its shareholders by focusing on core commercial banking activities……………………………………….Full Article: Source

 
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