Mubasher TV
Contact Us Advertising   العربية

National Islamic Bank sees deeper Q2 losses

National Islamic Bank sees deeper Q2 losses
Photo Credit: Reuters
BNAI
BNAI
0.00% 0.50 0.00

Mubasher: National Islamic Bank said Tuesday that its net losses for the second quarter of 2016 widened 11.1% year-over-year to IQD 46.21 million ($38.8 million) from IQD 41.6 million ($34.1 million), according to a bourse statement.

Over the first six months, the bank earned IQD 37,820, lower 11.7% from IQD 42,850 for the year-ago period.

In the first quarter, the bank registered IQD 46.25 million profits.