Khaleeji Commercial profit rises 177pc to $11m
MANAMA, July 30, 2015
Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic bank, has reported an increase of 177 per cent in net profit for the first half at BD4.4 million ($11.67 million), compared with BD1.6 million for the same period last year. The profit figure was 164 per cent higher than the BD1.7 million posted in the first quarter, said a report in the Gulf Daily News (GDN), our sister publication.