VOL. XLIV
No 33
13-August-2001
BAHRAIN
BIBReports Further Profit Growth In 1H 2001
BahrainInternational Bank (BIB) announced on 6 August that it had achieved an 88% risein operating income, while net income reached $6.75mn in the first half of2000. In a statement, the bank attributed its improved performance toencouraging contributions from the banks investment securities and UK realestate business lines. Regional equity trading also gave a boost to earnings asthe major Gulf markets benefited...
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