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Islamic Finance Briefing - Categorized | Banking, Performance more

DIB’s first quarter net up 11pct, hits $60mln

Posted on 02 May 2011

Dubai Islamic Bank (DIB), the leading Islamic lender in the UAE, reported that its net profit for the first quarter of 2011 rose to Dh222 million ($60.43 million), marking an 11 per cent gain compared to same period of 2010.
EFG Hermes had estimated an average quarterly net profit of Dh310 million for Dubai’s third-largest bank by market value……………………………………….Full Article: Source

 
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