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Arab Islamic Bank earns a net income of $1.90 million in H1 2013

2013-08-15

According to company data for the first six months of the year, net profit after taxes reached 1,903,601 USD, compared with a net loss of (256,473) USD from the first six months of 2012. Total assets of the company reached 403,220,278 USD as of June 30th, 2013, compared to total assets of 373,898,769 USD as of December 31st, 2012, a net increase of 7.8%. Total liabilities and restricted & unrestricted investments accounts of the bank reached 360,015,394 USD as of June 30th, 2013, compared to total liabilities and restricted & unrestricted investments accounts of the bank reached 333,746,572 USD as of December 31st, 2012, a net increase of 7.9%. Net ownership equity of the company reached 59,354,160 USD as of June 30th, 2013, compared with a net ownership equity of 57,632,968 USD as of December 31st, 2012, a net increase of 3.0% in the last six months.

 


 

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