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Islamic Finance Briefing - Categorized | Banking, People more

Abu Dhabi Islamic CEO sees double-digit growth in H2

Posted on 19 July 2010

From Reuters: UAE lender Abu Dhabi Islamic Bank said it will post double-digit profit growth for the remainder of the year after second-quarter net profit came in above analysts’ forecasts.
The bank, the second largest Islamic lender in the UAE, made a net profit of 301.6 million UAE dirhams in the three months to June 30, up 56 percent from 193.1 million in the same period last year, helped by lower provisions……………………………………….Full Article: Source

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