From Gulfnews.com: Emirates NBD, the largest bank in the Gulf region in terms of assets, reported a net profit of Dh1.11 billion in the first quarter of 2010, 12 per cent down from Dh1.259 billion reported in the same period last year.

The bank’s first-quarter results were above the average net profit forecast given by analysts of Dh617 million…………………………………..Full Article: Source