Futurebank yesterday announced a net profit of BD8.2 million ($21.8m) for last year, compared to
BD10.7m in the previous year. The bank also reported that net profit for the fourth quarter was BD900,000. "The
bank's profit based on performance for the fourth quarter is actually a laudable BD2.4m," said chief executive
officer and managing director Dr Valiollah Seif. "In line with our
strategy to consistently maintain a strong balance sheet and
safeguard our customer's deposits.