Al Salam Bank Q4 financials turn profitable

Mubasher: Al Salam Bank achieved a net profit of BHD 3.43 million ($9.04 million) during the fourth quarter of 2016 against losses of BHD 3.3 million ($8.7 million) in the same period a year ago.

The bank, which is listed on both Bahrain Bourse and Dubai Financial Market, recorded a rise of 52.5% in profits to total BHD 16.1 million during the fiscal year of 2016 as compared to BHD 10.55 million in FY15, according to a bourse filing issued on Wednesday.

 

Mubasher Contribution Time: 15-Feb-2017 09:18 (GMT)
Mubasher Last Update Time: 15-Feb-2017 09:18 (GMT)