Sun, Sep 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Ahli United Bank posts $266 mln net profit

Posted on 22 February 2011

From Gulf-daily-news.com: Ahli United Bank (AUB) saw its profit soar by 32 per cent as it benefited from actions it took over the period. The bank yesterday posted a net profit of $265.5 million, up from $200.7m the previous year. This includes a fourth-quarter profit of $64.4m, well ahead of the $17.1m net profit achieved in the same quarter of 2009.
These results were primarily delivered through a structured build up of risk assets with solid interest margins leading to a 9pc growth in the net interest income……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930