BNH net profit grows 27 percent to reach USD7.29m

25 Feb 2015

(MENAFN) Bahrain National Holding Company (BNH) posted a 27 percent growth in consolidated net profit at USD10.08 million for last year when compared with USD7.92 million in 2013, Gulf Daily News reported.

BNH chairman said that the group registered a strong performance, with improved financial results and continued growth in gross premiums.

‘This was due to higher returns on our investment portfolio coupled with steady growth in underwriting profitability, he said.

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