Gulf International Bank (GIB) recorded consolidated net income after tax of $117.9 million last year, up $13.4m, or 13 per cent, on the prior year.Net income after tax in the fourth quarter was $20.9m compared with $19.9m in the fourth quarter of 2011. “I am pleased with the progress made in the implementation of GIB’s new strategy, which aims at a total transformation of the way the bank conducts its business and will take it into new frontiers of sophisticated banking,” said chairman Jammaz Al Suhaimi.
GIB's net income rises 13 per cent to $118m
No comments:
Post a Comment