Ithmaar Bank B.S.C. : Ithmaar reports results for 2011
Ithmaar Bank presented a net loss of $61.9 million for the year 2011, compared to a net loss of $140 million for 2010. The 2011 results include a consolidated Fourth Quarter loss of $68.6 million, as compared to a loss of $153.4 million for the same period last year.
The announcement was given by Ithmaar Bank Chairman His Royal Highness Prince Amr Mohamed Al Faisal.
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