| 27.04.2011 - ADCB Q1 profit more than doubles |
| Abu Dhabi Commercial Bank (ADCB) on Tuesday said its quarterly profit more than doubled, helped by lower loan provisions and a rise in non-interest income, beating analysts expectations. The lender said first-quarter net profit rose to Dh583 million ($158.8 million), compared with Dh225 million in the year-earlier period. Analysts polled by Reuters on average forecast a net profit of Dh393.75 million..............................................Full Article: Source |