14.08.2012 - Al Baraka Banking Group's H1 net income up 10 pct
The Bahrain-based Islamic banking group, Al Baraka Banking Group (ABG) announced that its net income increased by 10 per cent in the first half of 2012 compared to the same period of 2011. Similarly, statement of financial positions witnessed moderate increases. Total assets increased by three per cent, total financing and investments by eight per cent, deposits including equity of investment accountholders by three per cent and total equity by three per cent as at the end of June 2012 as compared with the end of December 2011...............................................Full Article: Source
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