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The profits of the bank, "Noor Iraq Islamic" 79% in the third quarter of 2018

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The profits of the bank, "Noor Iraq Islamic" 79% in the third quarter of 2018

Post  claud39 on Wed Nov 14, 2018 8:20 am

http://economy-news.net/content.php?id=14369



The profits of the bank, "Noor Iraq Islamic" 79% in the third quarter of 2018






 14/11/2018











Economy News - Baghdad


The profits of the Noor Iraq Islamic Bank for Investment and Finance ( BINI ) declined by 78.78% year-on-year in the third quarter of this year.
 
The bank's profit reached KD 556.46 million ($ 462.7 million) in the third quarter of 2018, compared to a profit of KD2.62 billion ($ 2.18 million) in the third quarter of 2017.
 
Noor Bank said in a statement to the Stock Exchange that its profits amounted to 5.56 billion dinars in the first nine months of this year, compared to profits of 5.13 billion dinars in the first nine months of last year.
 
The unaudited financial statements showed a rise in total revenues from current operations to KD 10.86 billion in 9 months from 2018, compared to a total revenue of KD 9.97 billion in 9 months of 2017.
 
The profits of the Bank of Iraq Noor to 5 billion dinars in the first half of this year, compared to profits of 2.5 billion dinars in the first half of last year.

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