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Islamic Finance Briefing - Categorized | Banking, Performance more

Commercialbank results resilient

Posted on 25 January 2010

From Gulf-times.com: Commercialbank has been able to deliver a resilient set of full year results in 2009 despite the effects of the financial downturn, chairman Abdullah bin Khalifa al-Attiyah has said.

The bank posted a net profit of QR1.52bn and increased fourth quarter profits of 33% to QR186mn compared with the same period in 2008 despite the challenges emanating from the global financial downturn…………………Full Article: Source

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