Al-Ahli Bank Reports NetEarnings Up By 13%
Al-Ahli Commercial Bank, the third largest Bahraini onshorebank when ranked by assets, has continued itsline ofsteady profits increases in 1995. Net income for the yearrose 13% to BD5.3mn ($14.1mn) on the back of an increasedasset portfolio. The cash dividend was also increased toBD1.98mn (15% of capital) and follows a 1:10 bonus issuemade in April 1995. In the course of the year, the bankopened two new branches...
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