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Al Salam Bank wants 20% growth
- United Arab Emirates: Thursday, March 27 - 2008 at 12:13
Al Salam Bank-Bahrain, which yesterday listed its shares on the Dubai Financial Market, has said it expects its profits to grow by between 20% and 25% a year. The bank's deputy chairman said it plans to expand into more Arab and Islamic countries, on top of previously stated plans to set up in Europe within two years. The bank has close ties with Emaar Properties, and there is likely to be increased cooperation between the two in future.
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StaffThursday, March 27 - 2008 at 12:13 UAE local time (GMT+4)
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