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Islamic Finance Briefing - Categorized | Banking, Market Moves, Performance more

Core operations drive First Gulf Bank net profit

Posted on 03 February 2011

From Gulfnews.com: The Abu Dhabi-listed First Gulf Bank (FGB) said its net profit for the fiscal fourth quarter ended December rose one per cent year on year to Dh865 million. Net interest and income from Islamic financing were the major contributors to the bottom line.
FGB in a statement reported a net profit of Dh3.42 billion for full year 2010, a three per cent increase on the year “led by strong revenue growth in core banking operations”……………………………………….Full Article: Source

 
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