| From Gulf-daily-news.com: Ahli United Bank (AUB) saw its profit soar by 32 per cent as it benefited from actions it took over the period. The bank yesterday posted a net profit of $265.5 million, up from $200.7m the previous year. This includes a fourth-quarter profit of $64.4m, well ahead of the $17.1m net profit achieved in the same quarter of 2009.
These results were primarily delivered through a structured build up of risk assets with solid interest margins leading to a 9pc growth in the net interest income..............................................Full Article: Source
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