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Islamic Finance Briefing - Categorized | Banking, Performance more

Abu Dhabi Islamic Bank expects subdued growth in 2012

Posted on 26 October 2011

Abu Dhabi Islamic Bank reported flat third quarter profits on Tuesday, citing the impact of central bank limits on lending on revenues, and warned of subdued sector growth next year.

The bank had net profit of AED319.1m ($86.9m) in the three months ended September 30, up slightly from AED314.52m a year earlier, it said in a statement………………………………………Full Article: Source

 
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