Emirates NBD, UAE’s biggest lender by assets, reported a 3 per cent growth in its annual net profits to Dh2.6 billion in 2012, compared to Dh2.5 billion recorded in 2011.
Its total income also rose 3 per cent to Dh10.2 billion while operating profit before impairments rose by 2 per cent to Dh6.5 billion from 2011. Its total assets increased by 8 per cent at Dh308.3 billion at the end of 2012 compared with Dh284.6 billion at the end of 2011, it said in a release on Thursday. The company declared cash dividend of 25 per cent per share………………………………………..Full Article: Source