ABG posts H1 profits

12 August 2010

Bahrain-based Al-Baraka Banking Group (ABG) has reported a 3% increase in net income for the first six months of 2010 to $95m, Arab News has reported. Net income during the second quarter fell to $47m, compared to $49m recorded in the corresponding quarter of 2009. Total operating income for the period rose 2% to $307m from $302m a year earlier.

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