Al Baraka posts near-flat Q1 profit
Manama, May 11, 2014
Bahrain-based Al Baraka Banking Group reported near-flat first-quarter net profit on Sunday.
The Islamic lender recorded a net attributable profit of $36.6 million in the three months to March 31, compared with $36.8 million in the corresponding period of 2013, the bank said in a bourse filing.
Al Baraka has operations in fifteen countries including Turkey, Pakistan, Jordan and Egypt. – Reuters