24.02.2011 - Net income of Al Baraka Banking Group jumped by 15pct
The Bahrain based leading Islamic banking group, Al Baraka Banking Group Jumped (ABG)announced that it has achieved a net income of US$ 193 million in 2010, an increase of 15% on the income achieved in 2009. Similarly, balance sheet items witnessed notable increases. Total assets increased by 21%, total finance and investments by 21%, deposits including unrestricted investment accounts by 23% while total equity increased by 5% as at the end of December 2010 in comparison with the end of December 2009...............................................Full Press Release: Source
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