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Islamic Finance Briefing - Categorized | Banking, Performance more

DIB Q3 net profit falls 10pct

Posted on 08 November 2010

From Emirates247.com: Dubai Islamic Bank (DIB) reported on Saturday a 10 per cent drop in third-quarter net profit from a year earlier, as conditions remained tough for the financial sector. It also said it aimed to expand its retail branch network by the end of the year.
The bank, Dubai’s third-largest bank by market value, reported a net profit of Dh270 million ($73.53m) for the three months ending September 30, it said in a statement, compared to a Dh300.4m profit for the third quarter of 2009……………………………………….Full Article: Source

 
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