03.08.2012 - ADIB reports 10.1 pct rise in Q2 net profits
Abu Dhabi Islamic Bank (ADIB) Group posted a net profit of AED 322.6 million for Q2 2012, with the main banking business’ net profit growing by 10.1 per cent to AED 396.6 million from AED 360.4 million in Q1 2012. Group net revenue for Q2 2012 was AED ­­­­886.8 million vs. AED 908.3 million for Q2 2011, a decrease of 2.4 per cent. Total credit provisions and impairments for Q2 2012 were AED 186.6 million vs. AED 235.8 million in Q2 2011, a decrease of 20.9 per cent...............................................Full Article: Source
Print