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Bank ABC Islamic

Bank ABC Islamic posts H1 net of $25.1m; Q2 net at $14.3m

Bank ABC Islamic has posted a first-half (H1) net profit of $25.1 million and second quarter (Q2) net of $14.3 million.   Total operating income for the six-month stood at $35.8 million, 16.5% higher on a year-on

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Bank ABC Islamic Q1 net profit rises 9.6pc to $10.8m

Bank ABC Islamic has posted a first-quarter (Q1) net profit of $10.8 million, 9.6% higher than the same period last year on the back of growth in core customer business as well as higher profit rate environment. The balance sheet remained heal

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Bank ABC Islamic Bank net profit for H1 up 20pc

Bank ABC Islamic, a wholly-owned subsidiary of Arab Banking Corporation (ABC), has reported a net profit of $24.9 million for the first half of 2023, up 20.2 % over the same period last year, while its net operating income before credi

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Bank ABC Islamic sees growth in Q1 operating income, net profit

Bank ABC Islamic has announced solid results for the first quarter with its net profitability as well as total operating income witnessing double digit growth compared to last year on the back of substantial higher profit rate environment as w

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Bank ABC Islamic posts solid growth in 2022; net profit up 30pc

Bank ABC Islamic has delivered robust performance in 2022, closing the year with net profit of $38.8 million, representing 29.8% improvement year-on-year from $29.9 million in 2021.    Announcing its results

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Bank ABC Islamic posts $20.7m net profit in H1

Bahrain-based Bank ABC Islamic has closed the first half of the year (H1) with net profit of $20.7 million, 7.8% higher than the same period last year. Net operating income before credit losses for the six month period ending 30 J

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Bank ABC Islamic posts $29.9m net profit for 2021

Bahrain-based Bank ABC Islamic has closed the year ending December 31, 2021 with net profit of $29.9 million, representing a 4.4% improvement year-on-year from $28.6 million in 2020. The solid results of 2021 are a reflection on t

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Bank ABC Islamic's nine-month net profit up 19.4pc

Bank ABC Islamic has announced that it has rebounded with significant improvement in net profitability for the nine-month period, registering a 19.4% growth to hit $26.7 million over last year after a one-off impact of fraud related impairment

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Bank ABC Islamic posts H1 net profit of $19.2m

Bahrain-based Bank ABC Islamic has posted a net profit of $19.2million for the first half of the year reflecting the bank’s success in returning to normal performance after absorbing the one-off exceptional fraud related impairment in 2020

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Bank ABC Islamic posts $37.3m net profit for 2019

Bank ABC Islamic has recorded a net profit of $37.3 million for the year 2019, 16.5 per cent higher compared to the $32 million recorded for the previous year. The total operating income also witnessed double digit growth as compa

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