Chief executive Ahmed Abbas
Liquidity Management Centre posts net gains of $3.2m
MANAMA, November 12, 2015
Liquidity Management Centre (LMC) has announced a net profit of $3.2 million in the first nine months of this year compared to $3.37 million for the same period last year. The net profit resulted in a return on capital equivalent to 7.6 per cent annualised while the average interbank rate remains below 0.5 per cent, said a report in the Gulf Daily News (GDN), our sister publication.
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