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2026-08-12T12:13:22.144Z

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Al Ithmar Bank Reports Solid First Half Results

Al Ithmar Bank Reports Solid First Half Results

The news pertains to the financial results of Ithma Bank Bahrain. The bank achieved steady profits in the first half of 2026 despite challenging economic conditions. The bank recorded a net profit for shareholders of 0.8 million Bahraini dinars in the second quarter, compared to 1.47 million last year, and half-year profits also declined to 2.2 million versus 2.80 million in the previous year, mainly due to decreased profit margins from external operations. Despite this, the bank continued to strengthen its financial stability, with shareholders' equity rising to 1.40 billion Bahraini dinars (+6.5%). Officials emphasized the sustainability of growth, a focus on risk management, and operational efficiency improvements, while maintaining strong liquidity and enhancing customer confidence.

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