Arab Bank Group has reported net profit after tax and provisions of $217.2 million for the first quarter as against $216.3 million in the previous year.
Loans and advances increased by three per cent to $23.7 billion, compared wit
Abu Dhabi Commercial Bank (ADCB) has posted a net profit of Dh1.24 billion ($339.9 million) for the first quarter of the year, an increase of 13 per cent as compared to the same period last year.
The banks operating incomes totall
Mashreq, Dubai's third-biggest bank by assets, has posted a 13.2 per cent rise in first-quarter net profit as an increase in income from lending helped to offset a slight dip in returns from fees.
It is the second bank in the
Bank of Bahrain and Kuwait (BBK) has reported six per cent rise in net profit at BD14.9 million ($39.52 million) for the first quarter of this year, compared with BD14 million in the same period last year.
Earnings per share for t
Air Seychelles has posted its third consecutive year of profit with net profit amounting to $3.2 million last year, exceeding the previous year profit of $3 million.
The results reflected continued improvement in the airline&rsquo
Bahrain Commercial Facilities Company (BCFC) has reported 11 per cent increase in net profit at BD14.5 million ($38.5 million) for last year when compared with BD13.1 million for 2013.
Profit for the fourth quarter last year was B
Khaleeji Commercial Bank (KHCB), an Islamic retail bank, has reported a net profit of BD3 million ($7.95 million) for last year as against a net loss of BD19.2 million reported in 2013.
For the last quarter of the year, the bank
Al Baraka Bank Egypt, a subsidiary of Bahrain-based Al Baraka Banking Group (ABG), has posted a 41 per cent increase in net income for the first nine months of the year to $24 million.
The total assets also increased by 15 per cen
Bahrain-based Islamic investment bank Gulf Finance House (GFH) has reported a net profit of $15.6 million for the first nine months of this year, compared with $1 million in the corresponding period last year.
Total income was $12
Jordan Islamic Bank (JIB), a subsidiary banking unit of Al Baraka Banking Group, registered net profits after tax of $46.83 million and before tax of $66.43 million in the third quarter of this year.
JIB chairman and ABG president