17.03.2009 - IBB narrows losses
From Sharecast.com: Islamic Bank of Britain (IBB), the shariah compliant bank, narrowed losses by 15% for the year and said it fared well due to its minimum exposure on higher risk assets but warned results in 2009 will be impacted by low interest rates. The economic environment undoubtedly makes 2009 a challenging year. However, the Directors believe IBB will be well positioned to benefit from the eventual recovery particularly with a reinforced capital base. .... Full Article: Source
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