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Credit Bank (BROI): FY18
Credit Bank (BROI): FY18 (unaudited financial statements): B/S – FY18: Assets: IQD499.0 bn, +4% q/q (+5% ytd), Net financial investments: IQD80.4 bn, -56% q/q (-74% ytd), Cash: IQD411.1 bn, +42% q/q (+151% ytd), Deposits: IQD165.9 bn, +14% q/q (+12% ytd), Equity: IQD314.8 bn, +0.5% q/q (-0.2% ytd). P&L - 4Q18: Gross profit: IQD2.5 bn, -17% q/q (-33% y/y), Net income after tax: IQD0.2 bn, -66% q/q (-86% y/y). P&L – FY18: Gross profit: IQD14.2 bn, -3% y/y, Net income after tax: IQD5.6 bn, -17% y/y.
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