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Islamic Finance Briefing - Categorized | Banking, Performance more

Ithmaar Bank posts $11mln 9-months net profit

Posted on 15 November 2010

From Tradearabia.com: Ithmaar Bank has reported a profit of $11.1 million during the first three quarters of this year compared to a loss of $80.3 million during the same period last year.
‘On behalf of the Ithmaar Bank board of directors, I am pleased to report that the bank continues to report profits, despite challenging market conditions,’ said Ithmaar Bank chairman Prince Amr Mohammed Al Faisal……………………………………….Full Article: Source

 
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