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Ithmaar 2010 income tops $51.4m

Wed, 2011-03-09 20:14 — newsdesk

Bahrain-based Ithmaar Bank has posted a income of $51.4 million before impairment provisions and taxation for 2010.
The bank was back on track in spite of posting a consolidated loss of $150.1 million attributable to the shareholders of the bank after recognising conservative impairment provisions of $197.4 million.

Source: 

http://www.tradearabia.com/news/BANK_194827.html