Mubasher: The financial statements of Khaleeji Commercial Bank (KHCB) showed a decline by 73.77% in profits attributable to equity shareholders in the third quarter of 2016, according to a bourse filing issued on Wednesday.
Profits reached BHD 359,730 ($947,860) in Q3-16 compared to profits of BHD 1.37 million ($3.61 million) in the same quarter last year.
KHCB also revealed that profits decreased by 24.19% in the first nine months of the year to $4.58 million from profits of $6.04 million in the same period in 2015.
