Mubasher: Al Salam Bank – Bahrain reported a decline of 24.2% y-o-y in net profits for the second quarter of 2016.
The lender saw net profits of BHD 3.88 million ($10.22 million) for Q2-2016, down from BHD 5.12 million ($13.48 million) for the same period of the previous year.
As for the first half of 2016, the company reported net profits of BHD 8.38 million, down by 7.2% from BHD 9.03 million for the similar period of the preceding year.
