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Islamic Finance Briefing - Categorized | Banking, Performance more

Dubai Islamic Bank reports 10.5 pct jump in quarterly net profit

Posted on 31 October 2011

Dubai Islamic Bank said third quarter net profit climbed a better-than-expected 10.5 per cent in the July to September period thanks to a rise in assets and deposits.
The UAE’s third largest bank by market value, reported net profit of AED 298 million ($81.1 million) in the three months ended September 30, that’s up from AED 269.5 million ($73.3 million) it reported in the same quarter last year, and better than analyst forecasts………………………………………..Full Article: Source

 
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