Tuesday 15, May 2012 by Isla MacFarlane

Venture Capital Bank posts Q1 net profit of $8 million

Bahrain-based regional Islamic investment bank, Venture Capital Bank (VCBank), reported total income of $11.1 million and net profit of $8 million for the quarter ended 31 March 2012 compared with a loss of $2.9 million for the corresponding period in 2011.

Features & Analyses

Economics A tale of two trends

The continent’s GDP growth has been revised down to its smallest output in years—but that is not the full story. read more