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Islamic Finance Briefing - Categorized | Banking, Performance more

Ahli United Bank’s positive results reflect strong financial position

Posted on 22 July 2010

From Arabtimesonline.com: Ahli United Bank realized considerable profit levels in the first half of 2010. The net profit has reached KD 12.7 million. This profit was realized through income from core banking operations, that amounting to KD 40.0 millions.
The bank succeeded to increase the net finance revenues by 10.9 percent, furthermore the bank has taken precautionary measures to create provisions and voluntary provisions of KD 14.7 million……………………………………….Full Article: Source

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