BBK profits rise 9% in Q3

Mubasher: Bank of Bahrain and Kuwait (BBK) on Monday reported a net profit increase of 9% year-on-year in the third quarter of 2016, according to a bourse filing.

The Bahrain-based bank's profit grew to BHD 12 million ($31.62 million) from BHD 11 million ($29 million) in Q3-15.

BBK's profits for the first nine months of 2016 rose 7.6% to BHD 43.46 million compared to BHD 40.4 million in the same period of 2015.

The bank previously posted a net profit of BHD 16 million in Q2-16, up 10.2% from BHD 14.6 million in the year-ago period.

Mubasher Contribution Time: 24-Oct-2016 15:47 (GMT)
Mubasher Last Update Time: 24-Oct-2016 15:47 (GMT)