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AIB achieves a net income of $2.72 million in 9M 2013

2013-10-27

According to Arab Islamic Bank data for the first nine months of the year, net profit after taxes reached 2,725,899 USD, compared with a net loss of (493,372) USD from the first nine months of 2012. Total assets of the company reached 428,649,391 USD as of September 30th, 2013, compared to total assets of 373,898,769 USD as of December 31st, 2012, a net increase of 14.6%. Total liabilities and restricted & unrestricted investments accounts of the company reached 388,243,392 USD as of September 30th, 2013, compared to total liabilities and restricted & unrestricted investments accounts of 333,746,572 USD as of December 31st, 2012, a net increase of 16.3%. Net ownership equity of the company reached 60,391,509 USD as of September 30th, 2013, compared with a net ownership equity of 57,632,968 USD as of December 31st, 2012, a net increase of 4.8% in the first nine months.

 


 

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