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Islamic Finance Briefing - Categorized | Banking, Performance more

ABG operating income up 21pct

Posted on 10 May 2012

Leading Bahrain-based Islamic banking group, AlBaraka Banking Group (ABG) has announced that its operating income is up 21 percent to $ 205.6 million at end of the first quarter of 2012, thanks to the continued expansion in business, which reflected positively on income.
After deducting all operating expenses, net operating income amounted $96.5 million in Q1 2012, which represents an increase of 16 percent compared to the net operating income during Q1, 2011. ……………………………………….Full Article: Source

 
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