The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net income of $183m in the first nine months of 2012, an increase of 10% on the net income achieved in the first nine months of 2011.
Similarly, statement of financial positions witnessed good increases. Total assets increased by 7%, investments and financing portfolio by 13%, deposits by 7% and total equity by 7% as at the end of September 2012 as compared with the end of December 2011. (Press Release)