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Alrafah Microfinance Bank (AMB) earns a pretax income of USD 0.78 million in the third quarter of 2010

2010-10-28

Alrafah Microfinance Bank (AMB)  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 USD 0.78   million comparing to USD 1.94  million in the third quarter of 2009. The company’s assets reached USD 170.25 million at the end 30/09/2010 after they reached 162.66 million on 31/12/2009. Total liabilities reached USD 141.18million at the end of the third quarter of 2010 comparing to USD 133.90  million as of 31/12/2009. Shareholders’ equity reached USD 29.07 million on 30/09/2010 after they reached USD 28.76 million at the end of 2009.