Monday 28 July 2014
 
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Alubaf Arab International Bank

Alubaf registers $30m net profit

Bahrain-based Alubaf Arab International Bank has recorded a net profit of $30 million in 2012, signifying a growth rate of 15 per cent over lthe previous year. During the fourth quarter, the bank achieved a net profit of $5.1 mill

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Alubaf Arab bank profit surges 29pc

Bahrain-based Alubaf Arab International Bank saw its profit surge to $24.9 million in the first nine months of the year, an increase of 29 per cent over the same period in 2011. Net profit earned in the third quarter was $8.5 mill

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Alubaf’s Jan-Sept profit soars 47pc to $19m

Bahrain-based Alubaf Arab International Bank recorded a net profit of $19.2 million for the first nine months of this year, an increase of 47 per cent over the same period last year. The bank is 99.38 per cent owned by Libyan Foreign Bank.

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Alubaf Q1 net profit rises 58 per cent

Alubaf Arab International Bank's first quarter results saw operating income rise by 51 per cent to $8 million, an increase resulting in a net profit of $6.6 million, up 58 per cent over the same period last year. Significant contributi

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Alubaf net profit soars 88pc to $15m

Alubaf Arab International Bank saw net profit soar by a massive 88 per cent last year to $15.4 million. 'Last year was a period of phenomenal performance with all revenue streams contributed significantly to the net profit,' said

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Alubaf Arab Bank gains top $6.6m

The Alubaf Arab International Bank earned a net profit of $6.6 million in the fourth quarter last year, it was announced at the bank's annual general meeting. 'The year 2008 was the first full operational year for Alubaf since its

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