| Net profit at Chambank, one of three private Islamic banks in Syria and 32 percent owned by Commercial Bank of Kuwait, soared 553 percent last year, standing out among a string of strong earnings reports from the banking sector.
"A lot of the Syrian private banks held a lot of dollars and because of that this gave them a huge windfall. They took advantage and made exceptional profits," said Talal Samhouri, a Jordan-based financial expert and asset manager...............................................Full Article: Source
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