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International Investment Bank posts Q3 results
- Bahrain: Thursday, November 19 - 2009 at 10:36
Bahrain-based Islamic investment lender, International Investment Bank (IIB) has reported a net loss of $0.6m for the third quarter of 2009, compared to a net income of $0.8m earned in the same period of 2008. The loss is attributed to fewer investment banking transactions due to current market situation. Net loss for the nine month period was $2m, compared with net income of $12m for the same period last year, IIB said.
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StaffThursday, November 19 - 2009 at 10:36 UAE local time (GMT+4)
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