26.10.2012 - Mashreq posts 28pct growth in net profit for the first nine months of 2012
Mashreq, one of the UAE’s leading financial institutions, has announced a 28.3 per cent increase in Net Profit for the first nine months of 2012 reaching AED970 million compared to AED756 million for the same period last year, on operating income of AED 2,937 million. Loans & Advances grew over the last nine months by 7.5 per cent to reach AED40.5 billion as of September 2012, compared to AED37.7 billion at the end of 2011...............................................Full Article: Source
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