"Bahrain's banks' combined net profits nearly doubled to $1.1 billion in the first three months of this year when compared with $427 million in cumulative profits during the same period last year.
According to data compiled by the Central Bank of Bahrain (CBB), the rebound in profits was across all sectors of the banking industry, including conventional wholesale and retail banks, as well as Islamic wholesale and retail banks.
The CBB said the rebound is a reflection of the recovery in the banking sector."
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