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Islamic Finance Briefing - Categorized | Banking, Performance more

NBB’s net profit tops $35 mln

Posted on 12 April 2010

From Gulf-daily-news.com: National Bank of Bahrain (NBB) has achieved a net profit of BD13.22 million ($35.16m) for the first quarter of this year compared to BD13.70m ($36.44m) for the first three months of last year.

“The bank achieved satisfactory results in the context of banks aggressively competing for liquidity and against the backdrop of the negative developments in the financial sector consequent to the global financial crisis,” said chief executive officer Abdul Razak Abdulla Hassan Al Qassim……………………………….Full Article: Source

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