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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Rasmala puts ‘buy’ recommendation on ADIB and ADCB

Posted on 10 May 2011

Investment bank Rasmala says ‘ADIB has the fastest improving franchise of the UAE banks in terms of growth through the crisis’ and that ADCB is likely to see’ a substantial gain’ on the disposal of its 25 per cent stake in Malaysian RHB Capital
Rasmala says after customer service and product improvements, Abu Dhabi Islamic Bank’s (ADIB) results in 2010 were characterised by customer acquisition, market share improvements and increased revenue diversity particularly through fee and commission growth……………………………………….Full Article: Source

 
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