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Islamic Finance Briefing - Categorized | Banking, Performance more

Arab Banking Corp Q1 net up 25pct

Posted on 26 April 2010

From Tradearabia.com: Bahrain-based Arab Banking Corporation has announced that its consolidated group net profit for the first quarter had risen to $41 million registering a 25 per cent growth when compared to the same period last year.

Announcing the results on Sunday, ABC president and chief executive Hassan Juma said the total revenue amounted to $170 million, well above the $139 million generated in the first quarter of last year…………………………………..Full Article: Source

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