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28 February 10:30 AM

Lower net income was attributed to the group's higher precautionary provisions
Al Baraka Banking Group achieves 8% lower net income in 2020

Mubasher: The total net income of the Bahrain-based Al Baraka Banking Group (ABG) declined by 8% to $166 million in 2020, compared to $180 million in 2019. Lower net income was attributed to the group's higher precautionary provisions allocated to …
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