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Ithmaar Bank Q1 profit up 91%
- Bahrain: Thursday, May 15 - 2008 at 14:22
Bahrain-based Ithmaar Bank said its net profit jumped 91% in the first quarter to $59.3m, as the bank and its subsidiaries and associates in the Middle East, Asia Pacific, Europe and North Africa continued their expansion into new markets. The bank's operating profit, meanwhile, nearly doubled, from $32.5m to $62.9m.
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Jeff Florian, Senior ReporterThursday, May 15 - 2008 at 14:22 UAE local time (GMT+4)
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