13.11.2012 - Net income of Al Baraka Banking Group up by 10 pct
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net income of $183 million in the first nine months of 2012, an increase of 10 percent on the net income achieved in the first nine months of 2011. Similarly, the financial positions statement witnessed good increases. Total assets increased by seven percent, investments and financing portfolio by 13 percent, deposits by 7 percent and total equity by 7 percent as at the end of September 2012 as compared with the end of December 2011...............................................Full Article: Source
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