Bahrain Islamic Third-Quarter Loss Widens as Impairment Provisions Double

Bahrain Islamic Bank BSC said third- quarter loss widened to 4.24 million dinars from 1.36 million dinars a year earlier as impairment provisions rose.

Impairment provisions more than doubled to 4.3 million dinars from 2 million dinars a year earlier, the bank said in a statement to the Bahrain bourse today.

To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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