01.10.2009 - ADIB books $227mln provisions
From Tradearabia.com: Abu Dhabi Islamic Bank said on Wednesday that it had booked 836 million dirhams ($227.6 million) in provisions as of June 30 but declined to specify how much of that is related to troubled Saudi firms Saad Group and Algosaibi. The bank also said it was in compliance with central bank guidelines on provisions for non-performing exposures both within the United Arab Emirates and outside it....................Full Article: Source
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