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Gulf International Bank

Gulf International Bank latest

Central Bank of Bahrain
March 2nd, 2023 - 07:34 GMT

GIB reports record 108% profit growth in 2022

ALBAWABA - The Gulf International Bank (GIB) reported a record growth of 108 percent in net profit last year, the bank said in a statement. GIB said its profit reached $78.7 million by the end of 2022, compared with $37.9 million recorded all through 2021. "GIB’s financial performance demonstrated the Bank’s progress in successfully implementing initiatives and measures to increase shareholder returns," the statement said. "Growth across all business lines ...
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