Ahli United Bank (AUB) posted a 37.6 per cent rise in fourth-quarter net attributable profit on Sunday as Bahrain's largest lender benefited from higher fee income and strong lending.
Net attributable profit for the three mont
Ahli United Bank , Bahrain's largest lender, said on Thursday it couldn't comment on a Reuters story linking it with a possible sale or merger deal.
"This news has not been issued from the bank's management and we
Ahli United Bank (AUB), Bahrain's largest bank, posted on Sunday a 17.7 percent rise in first-quarter net profit amid an increase in net interest income and gains in associate banks in Qatar and Oman.
The bank said in a statement net p
Ahli United Bank, Bahrain's largest bank, said on Sunday it will raise $125 million by issuing 500 million preferential shares to the International Financing Corporation (IFC).
IFC, a unit of the World Bank, can convert the shares into ord
Bahrain's Ahli United Bank, the country's largest bank, posted a big jump in quarterly net profit on Sunday, boosted by gains in net interest income and growth in private and commercial banking.
Net profit in the
Iraqi banks might offer huge growth opportunities in the future for investors willing to take some risks but the industry needs to consolidate first and change its business model, analysts and investors said.
With violence ebbing from the
Bahrain-based Ahli United Bank posted on Wednesday a 22 per cent rise in quarterly profit.
The bank said in a statement posted on the Kuwaiti stock exchange that profit attributable to shareholders in the quarter ended June 30 was $70.2 mi