01.02.2012 - First Gulf Bank net profits rise 8pct

First Gulf Bank (FGB) announced that it posted a net profit of Dh3,707 million for 2011, eight per cent higher than it did last year. The net profit for the fourth quarter amounted to Dh1,022m, 18 per cent higher than same quarter of 2010 at Dh865m, and 11 per cent higher than the third quarter of 2011. FGB has achieved consistent growth in net profit for the sixth consecutive quarter...............................................Full Article: Source

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