23.10.2012 - Emirates NBD third quarter net profit more than triples
Emirates NBD, Dubaiís largest bank by market value, on Monday said third-quarter net profit more than tripled on the back of lower provisioning for bad loans and higher non-interest income, beating analystsí forecasts. Dubai Bank, which ENBD was obliged to take over last year after the Islamic bank buckled under the weight of its bad loans, will be fully integrated by year-end, with branches rebranded as ENBDís own Islamic arm, Emirates Islamic Bank...............................................Full Article: Source
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