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Bahrain's IIB income up to $11.3m

  • Bahrain: Sunday, August 17 - 2008 at 10:11

Bahrain-based International Investment Bank has reported a net income of $11.3m for the first half of the year, compared with $9.6m for the same period last year. Total income has gone up by 24.7% to $23.3m, mainly derived from investment banking fees generated from the structuring, underwriting and placement of new investments.

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