Manama, Bahrain, Feb. 11 -- Bank ABC Group has achieved a robust net profit, attributable to shareholders, of US$194 million, for the financial year of 2019.

The Group in a statement said that it had posted strong financials with strong underlying asset, revenue and profit growth despite continuing challenging external market conditions. The year was marked with persistent trade tensions between the US and China, declining interest rates and global growth concerns, which together with an uncertain political situation in some of ABC's key markets, dampened economic growth and demand for credit. However, ABC successfully weathered these conditions and invested significantly into its digital transformation journey, leading to the ground-bre...