ISX News
Al-Arabiya Islamic Bank (BAAI): 6M20
Al-Arabiya Islamic Bank (BAAI) - B/S - 6M20: Assets: IQD291.5 bn, -22% q/q (-25% ytd), Net Islamic Funding: IQD38.1 bn, +3% q/q (-41% ytd), Cash: IQD206.6 bn, -29% q/q (-25% ytd), Deposits: IQD39.5 bn, -68% q/q (-71% ytd).
P&L - 2Q20: Gross profit: IQD0.7 bn, +45% q/q (-17% y/y), Income before tax: IQD0.2 bn, +396% y/y (-IQD0.1 bn in 1Q20). P&L – 6M20: Gross profit: IQD1.1 bn, -17% y/y, Income before tax: IQD0.1 bn, +105% y/y.
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