Bahrain
Kuwait
Oman
Middle East
GDN Online App available on
App Store / Play Store
Gulf Daily News Gulf Daily News
Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News
Wednesday, February 21, 2018 ARCHIVES  |  SEARCH  |  POST ADS  |  ADVERTISE  |  SUBSCRIBE   |  LOGIN   |  CONTACT US

Al Baraka Group upbeat on growth

Bahrain Business
Tue, 14 Nov 2017
1 of 2

MANAMA: Al Baraka Banking Group (ABG) yesterday announced that during the first nine months of the year, it has seen total assets increasing by six per cent, financing and investment portfolio by 9pc, customer accounts by 6pc and total equity by 24pc compared with end-December 2016. ABG deputy chairman Abdulla Ammar Al Saudi, who chaired the board meeting that approved the financials, said, “the results achieved are good by all standards, taking into account the international and regional banking situation, slowdown in economic growth in major countries and the fluctuation of currencies.

You Might Like