13.02.2013 - GIB's net income rises 13 pct to $118mln
Gulf International Bank (GIB) recorded consolidated net income after tax of $117.9 million last year, up $13.4m, or 13 per cent, on the prior year. Net income after tax in the fourth quarter was $20.9m compared with $19.9m in the fourth quarter of 2011. "I am pleased with the progress made in the implementation of GIB's new strategy, which aims at a total transformation of the way the bank conducts its business and will take it into new frontiers of sophisticated banking," said chairman Jammaz Al Suhaimi...............................................Full Article: Source
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