21.04.2010 - ADIB kicks off earnings season with a winner
From Thenational.ae: Abu Dhabi Islamic Bank (ADIB) has provided a rousing overture for first-quarter reports from UAE banks, but also a hard act to follow. After a woeful time last year, ADIB posted a 9 per cent rise in first-quarter net profits to Dh293 million (US$79.76m). The result was backed by a sharp increase in deposits and Sharia-compliant loans, which were up 28 per cent to Dh50 billion and 17 per cent to Dh42bn, respectively, from the same quarter last year...........................................Full Article: Source
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