NBB net profit surges 3.4pc to $147m
MANAMA, January 26, 2016
National Bank of Bahrain (NBB) achieved a net profit of BD55.26 million ($146.97 million) in 2015, compared with BD53.44 million ($142.12 million) in 2014, an increase of 3.4 per cent. For the fourth quarter of 2015, the bank recorded a net profit of BD11.9 million ($31.65 million) compared with BD11.28 million ($30 million) for the corresponding period of the previous year, an increase of 5.5 per cent. The earnings per share improved from 51.6 fils in 2014 to 53.3 fils in 2015, said a report in the Gulf Daily News (GDN), our sister publication.
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