Al Baraka Banking Group , the Bahraini Islamic lender with operations in more than a dozen countries, posted a 4 per cent increase in third-quarter net income on Tuesday.

The bank, which has operations across the Middle East, Asia and Africa, made a net attributable profit of $36 million for the three months ending September 30, it said in a statement.

This compares with a profit of $35 million in the corresponding period of 2014.

Total assets stood at $24 billion as of September 30, up 2 per cent from the end of 2014. - Reuters