The total profits of commercial banks listed on the Bahrain Stock Exchange during the first half of this year increased to 235 Million dinars, as published by our colleague Al-Ayyam, which is the highest level in the history of Bahrain, with the support of the postponement Loan installments with additional interest during the Corona pandemic period, and the financial statements of 6 commercial banks listed on the Stock Exchange revealed Bahrain said that its profits during the first half of this year rose to 235 million dinars, compared to With profits of 197 million dinars during the first half of 2021, with a growth rate of about 20%.
KAMCO Invest reported on the performance of the banking sector in the Gulf Cooperation Council (GCC) countries during the second quarter From 2022, the continuous rise in oil prices since the beginning of the year led to a net rise The banking sector profited more than 11 billion US dollars in the second quarter of 2022, recording Growth reached 1.9%On a quarterly basis, at a rate of 31.9%on an annual basis.
This promising news and the improvement of the economy in Bahrain and in the countries of the Gulf Cooperation Council are happy and encouraging news To continue working to increase progress and prosperity not only in the banking sector, but in various sectors.