Posted by: APO | 6 April 2021

Arab Petroleum Investments Corporation (APICORP) Ups Net Income By 3% in 2020

Net income increased to USD115 mn despite fallout from COVID-19 pandemic; Balance sheet grew by 7.5% to USD7.89 bn; Corporate Banking and Treasury & Capital Markets portfolios up 6% and 13%, respectively; Improvement in key financial and risk metrics, including highest ever liquidity ratio (349%) and capital adequacy (31%). The Arab Petroleum Investments Corporation (APICORP) (www.APICORP.org), a… Read more on https://africa-newsroom.com/press/arab-petroleum-investments-corporation-apicorp-ups-net-income-by-3-in-2020?lang=en


Categories

%d bloggers like this: