National Islamic Bank sees deeper Q2 losses

Mubasher: National Islamic Bank said Tuesday that its net losses for the second quarter of 2016 widened 11.1% year-over-year to IQD 46.21 million ($38.8 million) from IQD 41.6 million ($34.1 million), according to a bourse statement.

Over the first six months, the bank earned IQD 37,820, lower 11.7% from IQD 42,850 for the year-ago period.

In the first quarter, the bank registered IQD 46.25 million profits. 

Mubasher Contribution Time: 06-Sep-2016 12:34 (GMT)
Mubasher Last Update Time: 06-Sep-2016 12:34 (GMT)