Ithmaar Bank’s unit records higher profits in H1

Kuwait – Mubasher: Faysal Bank Limited, a subsidiary of Ithmaar Bank, has maintained profitability in its financial results during the first half of 2016, according to a bourse statement.

Faysal Bank reported a growth of 10% in profits after taxes to $27 million, although the Pakistani government has imposed additional taxes worth $3.3 million, according to a statement issued Wednesday.

 

Mubasher Contribution Time: 07-Sep-2016 06:35 (GMT)
Mubasher Last Update Time: 07-Sep-2016 07:28 (GMT)