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Islamic Finance Briefing - Categorized | Banking, Performance more

First Gulf Bank Q3 net falls 9pct

Posted on 28 October 2010

From Tradearabia.com: First Gulf Bank (FGB), one of the leading banks in the UAE, has registered a nine per cent drop in its third quarter net profit which fell to Dh849 million ($231 million) compared to last year.
Announcing the results on Wednesday, the FGB said the total revenue rose 5 per cent to Dh1.54 billion compared to previous quarter, while it was 8 per cent lower than the same period last year……………………………………….Full Article: Source

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