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Khaleeji Commercial swings to $1.3m profit

Khaleeji Commercial Bank (KHCB), an Islamic bank based in Bahrain, went firmly back into the black last year with a profit of BD518,000 ($1.3 million) against a loss of BD6.5 million the previous year. 'The year 2011, which was the seventh year since the bank commenced operations, was full of challenges,'…

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Source: Khaleeji Commercial Bank

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