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Alrafah Microfinance Bank (AMB) realizes a pretax income of $ 1.29 million in the first half of 2010

2010-08-16

Alrafah Microfinance Bank (AMB) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a pretax income of $ 1.29 million compared $ 1.42 million in the first half of 2009. The company’s assets reached $ 153.92 million at the end 30/06/2010 after they reached $ 162.66 million on 31/12/2009. Total liabilities reached $ 124.44 million at the end of the first half of 2010 compared to $ 133.90 million as of 31/12/2009. Shareholders’ equity reached $ 29.48 on 30/06/2010 after they reached $ 28.76 million at the end of 2009.