ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has registered a 75 per cent jump in its net profit for the third quarter which hit $2.8 million compared to $1.6 million last year.
Announcing the results on Wednesday, ABC Islamic said the bank’s net profit for the first nine months were flat at $6.8 million compared to $6.7 million last year. The bank saw its third quarter profit grow 15 per cent over its last quarter………………………………………..Full Article: Source