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AMB realizes a net income of USD 2,269,267 at the end of 2009

2010-02-16

 AMB  realizes a net income of  USD 2,269,267  at the end of 2009

Alrafah microfinance bank  (AMB) announced its preliminary annual financial results as of 31/12/2009. The results indicate the following:

·         Net income of USD 2,269,267 with a growth  rate of %195.28

·         Total assets of USD 162,661,833 with a growth rate of %62.76

·         Total liabilities of USD  133,900,057 with a growth of % 82.30

·         Total shareholders" equity of USD 28,761,776 with a growth rate of %8.57.