Mubasher: ABC Islamic Bank, a wholly-owned subsidiary of Bahrain-listed Bank ABC, achieved $19.7 million (BHD7.4 million) net profit in 2015 compared to $15.1 million (BHD5.7 million), with an increase 31%.
The Bahraini bank posted $3.6 million net profit during the fourth quarter of 2015, according to bourse filing.
Operating revenues amounted to $27.3 million during 2015, with a growth 23.3% from the previous year.
ABC Islamic total operating expenses reached $7.3 million in 2015, compared to $6.8 million in 2014.
