Mubasher: Bahrain Islamic Bank (BisB) showed a 44.5% decline year-on-year in profits for the first quarter of 2016, according to a bourse statement.
The bank’s earnings slid to BHD 1.71 million ($4.48 million) in Q1-16, down from BHD 3.08 million ($8.07 million) in Q1-15.
Total expenses increased 24.6% to BHD 6.02 million ($15.97 million) in Q1-16, from BHD 4.83 million ($12.81 million) in Q1-15.
