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Ithmaar H1 profit up 115%

  • Bahrain: Thursday, August 14 - 2008 at 09:13

Bahrain-based Ithmaar Bank has posted H1 net profits of $149.1m, up 115% on the same period last year. The bank's operating profits nearly doubled from $71.1m for the first half of 2007 to $139m for the period ended 30 June 2008. Annualised return on equity remained steady at 21%.

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