News and Announcement


  • 26 February 2020
    Alubaf’s net earnings jump to $28.7 million

    Alubaf Arab International Bank Net Profit was US$ 17,935 thousand for the fourth quarter 2019, as compared to US$ 2,997 thousand for the same period, last year 2018, signifying an increase of 498 %, mainly attributed to reversal or write back of provisions for credit losses, on recovery of past dues.

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