Gfh Bank B.s.c.BAHRAIN: GFH

GFH Bank Q1 Profit $35.11 Mln

· Issued by Gfh Bank B.s.c.

GFH Bank BSC BAHRAIN:GFH:

  • NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF US$35.11 MILLION IN Q1

  • Q1 SAW IMPACT OF REGIONAL DEVELOPMENTS AND HEIGHTENED MARKET UNCERTAINTY

  • QTRLY TOTAL INCOME US150.99 MN

  • REGIONAL DEVELOPMENTS AFFECTED PERFORMANCE ACROSS SEVERAL CORE BUSINESS LINES IN Q1

  • QUARTER SAW CREDIT FINANCING CONTRIBUTED US$39.97 MILLION AS A STEADY RECURRING INCOME STREAM

  • REGIONAL DEVELOPMENTS AFFECTED INVESTMENT ACTIVITY, TRANSACTION EXECUTION AND TIMING OF INCOME RECOGNITION IN Q1

  • QUARTER SAW TREASURY PROPRIETARY INCOME REMAINED AN IMPORTANT CONTRIBUTOR

  • DESPITE EFFECTS SUCH CIRCUMSTANCES HAVE HAD ACROSS SECTORS, BANK CONTINUED TO GENERATE SOLID INCOME AND PROFITABILITY

  • Q1 SAW SOLID CONTRIBUTIONS FROM BANK’S CORE BUSINESS LINES

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