ABC posts $112m half–year profit

The Arab Banking Corporation, or ABC, recently announced that its consolidated group net profit for the first half of 2013 was $112 million, a seven per cent increase when compared to the $105 million recorded for the same period last year.

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Published: Sat 27 Jul 2013, 9:53 AM

Last updated: Sat 4 Apr 2015, 9:42 AM

Net profit for the second quarter was $56 million, 10 per cent higher than the $51 million reported during the same period in the previous year. Total operating income for the second quarter amounted to $210 million, nine per cent higher than the $193 million achieved during the same period last year.



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