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11/05/2014 15:13 AST
Bahrain-based Al Baraka Banking Group reported near-flat first-quarter net profit on Sunday.
The Islamic lender recorded a net attributable profit of $36.6 million in the three months to March 31, compared with $36.8 million in the corresponding period of 2013, the bank said in a bourse filing.
Al Baraka has operations in fifteen countries including Turkey, Pakistan, Jordan and Egypt.
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Al Baraka Bank has been recognised as the 'Best Performing Islamic Bank' in Bahrain during the 24th World Islamic Banking Conference (WIBC) that concluded yesterday on a high note in the Kingdom. <
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