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Islamic Finance Briefing - Categorized | Banking, Performance more

Khaleeji Commercial Bank posts higher net profit

Posted on 10 August 2009

From Ameinfo.com: Khaleeji Commercial Bank (KHCB), a leading Islamic bank in the Kingdom of Bahrain, announced that it has posted a net profit of BD3m for the second quarter of 2009 (BD13.6m during the same period 2008) to realize a net profit of BD7.1m for the first half of 2009 compared with BD26.2m realized for the same period of 2008.
The Bank’s business continued to expand with total assets growing by 8.5% over December 2008, total financing assets increased by 13.8%, and Unrestricted Investment Accounts increased by 17.4% over the same period……….Full Article: Source

 
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