| From Albawaba.com: The Board of Directors of First Gulf Bank (FGB) today announced its full year 2009 financial results with Net Profit reaching a new record at AED 3,310 million, representing a 10% increase over the bank’s 2008 results.
Abdulhamid Saeed, Board Member and Managing Director commented on the results, “Once again, FGB delivers an outstanding financial performance in 2009. At a time where the world is challenged by the global economic crisis, FGB emerges stronger and delivers record results. This reaffirms the bank’s leading position as a very solid financial institution built on strong fundamentals.”....................................Full Article: Source
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