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Islamic Finance Briefing - Categorized | Banking, Performance more

National Bank of Abu Dhabi’s net profits rise 22pct in 2010

Posted on 02 February 2011

The National Bank of Abu Dhabi (NBAD) achieved a 22% increase in net profits to Dhs3,683m for the year ended 31 December 2010 compared with Dhs3,020m for the corresponding period of 2009. This represents diluted earnings per share (EPS) of Dhs1.40 for the year compared with Dhs1.18 for 2009.
Net profits for the fourth quarter of 2010 increased 71% to Dhs732m from Dhs429m in the fourth quarter of 2009……………………………………….Full Press Release: Source

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