Islamic banks’ budget up 4.3% in Q1

June 28, 2015 9:54 AM

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Islamic banks’ budget up 4.3% in Q1

The combined balance sheet of the Central Bank of Bahrain (CBB) inched down 0.8% to $191.07 billion in the first quarter of 2015 as compared to $192.67 billion in the same period of 2014.

Retail banks’ balance sheet grew 3.8% to $80.45 billion in Q1-15 from $77.50 billion in Q1-14, according to data issued by the CBB.

Meanwhile, the balance sheet of wholesale banks decreased to $110.62 billion in Q1-15 from $115.16 billion in the corresponding period of 2014.

Islamic banks’ budget increased 4.3% to $25.22 billion in Q1-15 from $24.18 billion in Q1-14.

The central bank showed a rise in its liabilities that reached $50.80 billion as compared to $47.72 billion.

Source: english.mubasher.info

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