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Islamic Finance Briefing - Categorized | Banking, Performance more

Arab Banking swings to Q4 profit

Posted on 29 January 2010

From Tradearabia.com: Bahrain-based Arab Banking Corp on Thursday swung back to a fourth-quarter profit, while its shareholders approved a planned capital hike.

The bank said net profit in the three months ending December 31 was $42 million, compared with a $28 million net loss in the same quarter a year earlier………………………………..Full Article: Source

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