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Islamic Finance Briefing - Categorized | Banking, Performance more

Bahraini Saudi Bank’s net profit surges 52pct

Posted on 15 April 2011

Bahraini Saudi Bank, a subsidiary of Al Salam Bank-Bahrain, yesterday announced that its net profit for the first quarter jumped 52 per cent to reach $1.1 million compared to $0.7m for similar period in 2010.
“We are pleased to announce that since the acquisition of the bank by Al Salam Bank-Bahrain, the bank has made remarkable progress in terms of business growth, launch of new products, internet banking platform, expansion of its branch and ATM network,” chairman Dr Anwar Al Sadah said………………………………………Full Article: Source

 
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