Monday, January 26, 2009

Bahrain Islamic Bank achieves BD22.3m net income for 2008


AMEINFO:Bahrain Islamic Bank continue to achieve strong financial results in spite of the international financial and economic crisis which has intensified its grip in the final quarter of last year.

An indication of the Bank's ability to continue providing the best banking services and to utilize an optimal mix of financial products and services to attain best profitability for shareholders and depositors alike.

The Bank distributed a press release on Wednesday in which it announced its financial results for the year 2008, where it achieved BD22.3m net income compared to BD25m for the year 2007, after making adequate provisions against contingences that may arise in case the current international financial and economic crisis continues further...Continue Reading

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