22.07.2009 - UAE's First Gulf Bank Q2 profit down 4.13pct
From Kuwaittimes.net: Abu Dhabi's First Gulf Bank second-quarter net profit fell 4.13 percent after it booked extra provisions against losses from the financial crisis that has hit banks across the Gulf Arab region. "During the quarter, additional loan portfolio general provisions of 260 million dirhams were taken over and above the 220 million booked in the first quarter," the bank said in a statement........Full Article: Source
Print