Sunday 4 August 2013

Bahrain's Al Baraka Bank Q2 net rises 11 pct | Reuters

Bahrain's Al Baraka Bank Q2 net rises 11 pct | Reuters:

"Bahrain-based Islamic lender Al Baraka Banking Group said on Sunday that its net income for the second quarter totalled $42 million, up 11 percent from the prior-year period.

The company reported net income for the first six months of the year attributable to equity holders of $79 million, up 12 percent.

Total assets rose 2 percent during the first half of 2013 compared to the end of 2012; they stood at $19.5 billion at end-June."

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