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Gulf International Bank announces full year profit of $85.6 million

GIB recorded consolidated net income after tax of $85.6 million for the year ended 31 December 2014, compared to $121.5 million in the prior year.  However, prior year income included two exceptional, one-off income items amounting to $21.2 million.  Excluding these exceptional income items, net income was $14.7 million lower…

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