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Ithmaar Bank posts 60% profit increase

  • Bahrain: Monday, November 10 - 2008 at 10:24

Bahrain-based Ithmaar Bank announced $125.6m in consolidated profits for the 9-month period ending September 30 2008. This accounts for more than 60% increase over profits reported during the same period last year. The interim results also show significant increases in the bank's operating income which was $254.1m, an increase of more than 45% over 2007.

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