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Islamic Finance Briefing - Categorized | Banking, Performance more

Barwa Bank profit jumps 53pct to QR156.7mln in Q1

Posted on 24 April 2013

Barwa Bank, which recently launched the private banking proposition and debt capital markets, also increased its investment portfolio by 14% to QR7.6bn, while total shareholders’ equity was QR5.3bn at the end of March 31.
“Our strong financial performance for the first quarter of the year is a validation of our strategy and represents progress on our journey to becoming Qatar’s most recommended Shariah-compliant banking group,” Barwa Bank chairman and managing director Sheikh Mohamed bin Hamad bin Jassim al-Thani said………………………………………..Full Article: Source

 
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