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Bahraini bank Al Baraka boosts provisions to cover any virus impact

Al Baraka Banking Group increased provisions by 10-12% in the first quarter to deal with any fallout from the coronavirus as it notched up a double-digit increase in net profit, its chief executive said on Wednesday. The Bahraini Islamic lender with operations in more than a dozen countries, has not…

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Click here to read the full story: Reuters

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