MIB Reports MVR 113 Million Profit in Q1
MIMihaaru – a month ago
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Maldives Islamic Bank (MIB) has announced a profit of MVR 113.5 million for the first quarter of this year. This represents an increase of MVR 18.12 million compared to the last quarter of the previous year. The bank's assets grew by over 11 percent in the first quarter compared to the previous quarter, reaching MVR 18.50 billion. MIB stated that the increasing amount of customer deposits daily indicates growing trust and confidence in the bank.