Sunday 28 April 2024
 
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Alubaf

Alubaf posts $25m net profit, down 38pc

Alubaf Arab International Bank has posted a net profit of $25.1 million for last year, as against $40.7 million for 2014, signifying a decline of 38 per cent, it was announced, reported the Gulf Daily News (GDN), our sister publicatio

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Alubaf posts net profit of $22.2m, up 5pc

Bahrain-based Alubaf Arab International Bank has posted a net profit of $22.2 million for the six months ended June 30, reflecting a 5.1 per cent decrease compared with the same period last year. A statement by the bank said net profit for the

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Alubaf receives top ISO certification

Alubaf Arab International bank has been awarded the ISO/IEC 27001:2013 certification. “It is with great pride that we announce our successful achievement of ISO 27001:2013 certification,” chief executive Hasan Abulhasa

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Alubaf posts $10m net profit for Q1

Alubaf Arab International Bank has reported a net profit of $10.86 million for the first quarter ended March 31, which was in line with budgeted estimates. However, comparing with the same period last year, a decline of seven per

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Alubaf Arab International profit rises to $41m

Alubaf Arab International Bank has reported 11.1 per cent increase in net profit at $40.7 million for last year when compared with $36.6 million for 2013. The bank said it had seen another year of "sequentially successful and

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Alubaf posts 21pc increase in net profit to to $35.9m

Alubaf Arab International Bank reported a net profit growth of 21 per cent at $35.9 million for the first nine months of the year, compared with $29.6 million in the same period last year. Net profit for the third quarter surged to $12.

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