14.02.2012 - Emirates Islamic Bank suffers Dh448mln loss as expenses soar
Emirates Islamic Bank (EIB), which belongs to the Emirates NBD Group, reported a full-year net loss Monday due to significantly higher impairments on financing and investment activities and a surge in expenses. The bank posted a net loss of Dh448.55 million compared to a net profit of 59.34 million in 2010, the bank said in a statement to the Dubai Financial Market...............................................Full Article: Source
Print