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Specialised Investments

Specialised Investments latest

Al Bawaba
February 13th, 2005 - 01:25 GMT

TAIB Bank net profit on the rise

Bahrain-based TAIB Bank B.S.C. (c) has announced its results for 2004 -- a net profit of US$ 4.08 million, as against US$ 2.11 million in 2003, representing an increase of over 94%. Mr. Abdulaziz Alrashed, Chairman of the Bank, voiced pleasure with the Bank’s 2004 results. “The achievements of 2004 go beyond the doubling of the profits from about US$ 2 mm in 2003 to US$ 4 million in 2004 ...
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