19.07.2010 - ADIB gains on smaller provision
From Thenational.ae: Abu Dhabi Islamic Bank’s (ADIB) second-quarter profits rose by more than half as it required less provisioning for bad loans in a sign that the outlook for the lender is improving. The UAE’s second-biggest Sharia-compliant bank reported a net profit of Dh301.6 million (US$82.1m) in the June quarter, up from Dh193.1m in the same period last year, the company said yesterday..............................................Full Article: Source
Print