DUBAI, Aug 7 (Reuters) - Bahraini Islamic lender Al Baraka Banking Group reported a 2.8 percent dip in second-quarter net profit on Sunday.
The bank, which has operations in more than a dozen countries, made a net attributable profit of $43.6 million in the three months ending June 30, it said in a statement.
It did not provide a figure for the year earlier period. The company recorded a profit of $44.8 million for the second quarter of 2015, according to a statement released at the time.
Al Baraka will establish a banking unit in Morocco once it receives approval from local authorities, it said in May.
(Reporting By Tom Arnold; editing by John Stonestreet) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
The bank, which has operations in more than a dozen countries, made a net attributable profit of $43.6 million in the three months ending June 30, it said in a statement.
It did not provide a figure for the year earlier period. The company recorded a profit of $44.8 million for the second quarter of 2015, according to a statement released at the time.
Al Baraka will establish a banking unit in Morocco once it receives approval from local authorities, it said in May.
(Reporting By Tom Arnold; editing by John Stonestreet) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
