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Bank posts $8m profit

Bahrain-based Arab Banking Corporation's subsidiary ABC Islamic Bank yesterday announced a net profit of $8.3 million for last year, compared to $8.1m the previous year. Total operating income amounted to $16m, which was six per cent higher than the previous year. Operating expenses increased by $800,000 to $6.9m resulting in…

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Click here to read the full story: Gulf Daily News

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