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BIB profit more than doubles

  • Bahrain: Thursday, July 10 - 2008 at 10:14

Bahrain Islamic Bank has announced that its first-half profit more than doubled on higher Islamic loans and investments, reported Bloomberg. Net income in the six months to June advanced to 26 million dinars ($69m) from 10.6 million in the same period last year. Operating income rose to 42 million dinars from 22 million.

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