Bahrain's Al Baraka Banking Group achieves 8% lower net income in 2020
Lower net income was attributed to the group's higher precautionary provisions
Mubasher - 25 Feb 2021No stock data available at this time
ID | Stock Type | Currency | Exchange | Symbol |
---|---|---|---|---|
BARKA.BSE | Ordinary | USD | Bahrain SE | BARKA |
BARKA.DIFX | Ordinary | USD | Nasdaq Dubai | BARKA |
Lower net income was attributed to the group's higher precautionary provisions
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Gulf Daily News - 09 Jun 2020Simultaneously, the Bank incorporated provisions against identified and expected losses, aligned with our approved policies, and added BD 8 million (2019: BD 6.55 million) as allowance for impairment during the financial year 2020
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Press Release - 02 Dec 2020Al Baraka Banking Group B.S.C (ABG) held its Ordinary General Meeting on 23 March 2020 at Al Baraka headquarters in Bahrain Bay, Manama, in the Shaikh Saleh Kamel Hall, by a quorum of 82.78% .
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Stocks | Last Price | % Change |
---|---|---|
BAH & KWT INS CO | 0.390 BHD | 0.00 |
BBK | 0.541 BHD | 0.00 |
ARAB BNKING CORP | 0.293 USD | 0.00 |
ARAB INS GROUP | 0.420 USD | 0.00 |
BAH ISLAMIC BK | 0.087 BHD | 0.00 |
BAH NATL HOLDING | 0.400 BHD | 0.00 |
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