FINANCIAL NEWS

Bahrain-Ithmaar Bank posts BHD4.38mn profit in H1

14 Aug 2017

(MENAFN) Bahrain-based Islamic retail bank and a wholly-owned subsidiary of Ithmaar Holding, posted a net profit of BHD4.38mn for the first half of this year.

Furthermore, the net profit attributable to equity holders of the Bank for the cited period ended June 30, 2017 was BHD1.54mn.

Accordingly, in the cited period the Bank reported a net profit of BHD1.3mn, with the net profit attributable to equity holders for the period being BHD0.4mn.

In the Jan-June period of the year, the Bank posted a net income, before provisions for impairment and overseas taxation, of BHD12.71mn.

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MENAFN1408201700450000ID1095727867

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