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Arab Islamic Bank AIB earns a pretax income of $1.37 million in the third quarter of 2010

2010-10-17

Arab Islamic Bank (AIB) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a pretax income of $ 1.37 million comparing to $ 2.62 million in the third quarter of 2009. The company’s assets reached $ 292.08 million at the end 30/09/2010 after they reached $ 293.66 million on 31/12/2009. Total liabilities reached $ 97.45 million at the end of the third quarter of 2010 comparing to $ 98.16 million as of 31/12/2009. Shareholders’ equity reached $ 50.80 million on 30/09/2010 after they reached $ 49.98 million at the end of 2009.