MANAMA: Bank ABC has reported consolidated net profit for the first half of 2019 was $112 million on a headline basis, a reduction of one per cent compared with $113m reported for the same period last year.
On an underlying basis, after adjusting for exceptional one-off items included in H1-2018, net profit grew by 9pc, benefiting from improved provision experience, after absorbing the forex impact on pre-provision net income .