Ithmaar Bank reports stable, consistent growth

Ithmaar Bank reports stable, consistent growth

Ithmaar Bank's financial results show a net loss attributable to equity holders for the three-month period ended 31 December 2019 of BD4 million, a 2509 percent increase compared to the net loss of BD0.15 million reported for 2018 resulting mainly due to prudent impairment provisions.. The net loss attributable to equity holders for the year ended 31 December 2019 was BD1.35 million compared to the net profit of BD1.41 million reported for 2018.. Total net profit for the year ended 31 December 2019 was BD2.48 million, a 82.5 percent decrease compared to the net profit of BD14.14 million reported for 2018, which was then mainly due a one-off gain from Dilmunia Development Fund I L.P when it became a subsidiary of the Bank in 2018.. Customers can request information from WhatsApp about Ithmaar Bank products and services, as well as make general inquiries about branch locations and timings, ATM locations, Thimaar draw dates and winners list, as well as ongoing promotions and campaigns..