The Muslim National losses rise 11% in the second quarter.

06 September 2016 12:40 pm

Straightforward: financial data showed the Islamic National Bank (BNAI), included Iraq stock exchange, rising bank losses in the second quarter of this year increased by 11.1%, compared with the same period last year.

The World Bank lists showed net losses for the period worth 46.21 million dinars (38.8 million dollars) compared to net loss totalled 41.6 million dinars (34.1 million dollars) during the same period from 2015.

According to the lists, the Bank's profits for the first half fell from 11.7% by 2016 and achieved 37.82 thousand dinars, compared with a net profit reached 42.85 thousand reais during the same period of the previous year.

Was the Bank achieved a net profit totalled 46.25 million dinars during the first quarter of 2016, compared with a net profit stood at 41.64 million dinars during the period from 2015, according to data available at the market.