BANKING - Bank of Asia for the first quarter 2012 net profit of 50 million pounds

www.finansglobal.com - Bank of Asia, has announced the financial statements for the first quarter of 2012.

Bank-Asia (Finansglobal) - 4 percent of its net profit in the first three months of increases solo Asian grossed over 50 million 72 thousand TL. Bank during the same period last year announced a net profit of 48 million 42 thousand TL.

Bank Asia's net profit share revenues rose by 34 percent the first three months of 2011 over the same period was 143 million TL to TL 192 million. £ 66 million as the bank announced a net commission income.

Bank of Asia increased by 23 percent in the last one year period 14:07 billion cash loans, collects funds through current and participation accounts increased by 19 percent and reached TL 13:16 billion. According to the same period in 2011 increased 11 percent equity of the Bank amounted to £ 2.2 billion. (source)

BANKING - Albaraka Turk Gains After Dunya Report of Gulf, Balkan Expansion

www.businessweek.com - Albaraka Turk Katilim Bankasi AS (ALBRK), a Turkish Islamic bank, climbed after Dunya reported it would expand into the Middle East and Balkans, citing Chief Executive Officer Fahrettin Yahsi.

The shares added 1.6 percent to 1.96 liras at 11:25 a.m. in Istanbul, heading for their highest on a closing basis in three weeks. Shares on the overall banking index fell 0.3 percent to 116,770.2.  (source)