Thu, Oct 30, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Adib profit up on lower provisions

Posted on 14 February 2012

Abu Dhabi Islamic Bank (Adib) on Monday said its net profit rose 17.3 per cent to Dh1.425 billion last year as compared to Dh1.214 billion in 2010 after it booked lower provisions. For the 2011 financial year, the bank’s net revenue for 2011 was Dh3.41 billion as compared to Dh3.05 billion for 2010, an increase of 11.8 per cent.
Bank’s operating profit totalled Dh2.05 billion against Dh1.844 billion for 2010, an increase of 11.1 per cent………………………………………..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
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031