Al Salam Bank reports strong growth of 14% in net profit for 2019

Al Salam Bank reports strong growth of 14% in net profit for 2019

The Bank reported a strong annual performance for 2019 posting a 14% increase in net profit attributable to shareholders to BD 21.1 million, compared to BD 18.5 million in 2018.. Earnings per share increased significantly to 9.8 fils for 2019, compared to 8.7 fils per share for the year 2018.. Total recognized income and expense attributable to shareholders for the year recorded strong growth of 18%, surging to BD 20.9 million, from BD 17.7 million in 2018..