Bahrain: Profits of Listed Banks Amounted to $873 Million
2018-11-19 - 8:54 p
Bahrain Mirror: The seven local retail banks listed on the Bahrain Stock Exchange (BSE) posted a net profit of $873 million in the first nine months of 2018, a strong 14 percent increase over the same period last year, the Bahrain Association of Banks (BAB) said.
"These financial results confirm the soundness and development of the banking sector in Bahrain and play a key role in supporting the development of the national economy, in addition to increasing the financing operations of banks in the local market despite the economic challenges," said Wahid Al-Qassim, CEO oF BAB.
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