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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.

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Tags: profit | Bank | KHCB | commercial | Khaleeji |

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