Thursday 30, July 2009 by
Futurebank announces 19.9 per cent decrease in profits for H1
Bahrain-based Futurebank has announced a net profit of BD 4.78 million ($12.6 million) for the half-year period ended 30 June 2009. While this marks a 19.9 per cent decrease in profits over the same period last year (H1 2008 – BD 5.97 million ($15.8 million)), Q2 2009 profits have shown a marked increase of 17.7 per cent (BD 2.96 million ($7.8 million)) as compared to the Q2 2008 profits of BD 2.52 million ($6.6 million), showcasing solid growth and defying regional trends.
