Tuesday 19 March 2024
 
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ABC Islamic Bank

ABC Islamic Bank Q1 net up 9pc

ABC Islamic Bank has registered a $3.5 million net profit for the first quarter, up 9 per cent over $3.2 million reported last year. The total operating income rose to $5.2 million, posting a 26 per cent growth over $4.1 million i

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ABC Islamic Bank net profit doubles

ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has announced a net profit of $3.2 million for the first quarter compared to $1.6 million last year. The Islamic lender's total operating income for the

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ABC Islamic Q3 net profit up 75pc

ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has registered a 75 per cent jump in its net profit for the third quarter which hit $2.8 million compared to $1.6 million last year. Announcing the results

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ABC Islamic Bank posts $8.1m profit

ABC Islamic Bank has announced a net profit of $8.1 million for 2011, posting an increase of 293 per cent over the same period last year. Annoucing the results, ABC Islamic bank said its total operating income was $15.1 million compar

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ABC Islamic H1 profit soars 264pc to $5.1m

Bahrain-based ABC Islamic Bank has posted a net profit of $5.1 million for the first half-year of 2011, 264 per cent higher compared to the same period last year. Net profit for the second quarter was $2.1 million compared to $3.0 million

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ABC Islamic Bank Q1 net surges 66pc

ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, said its net profit for the first quarter rose 66 per cent to hit $3 million compared to $1.8 million last year. Announcing the results on Tuesday, ABC Islamic said

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ABC Islamic Bank to boost customer base

ABC Islamic Bank expects to expand its customer base and develop new products this year as customers' appetite for borrowing returns. The subsidiary of Bahrain-based Arab Banking Corporation on Thursday posted a net profit of $2.1 mill

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ABC Islamic Bank posts $0.2m Q3 profit

ABC Islamic Bank has announced a net profit of $0.2 million for the third quarter of this year, compared to a loss of $0.4 million in the second quarter. The bank reported net profit of $1.6 million for the nine months ending September 30,

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ABC Islamic reports $1.4m H1 profit

ABC Islamic Bank today announced a net profit of $1.4 million for the first half year of 2010. Net loss for the second quarter was $0.4 million compared to profit of $1.8 million in the first quarter, primarily due to impairment provision

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Nomura raises $70m from ME Islamic facility

Japan's Nomura Holdings on Thursday said it raised $70 million through an Islamic financing instrument in the Middle East, a move that follows an Islamic bond sale earlier this month in Malaysia. Nomura's Commodity Murabaha facilit

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