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FINANCIAL NEWS
Abu Dhabi Islamic Bank net rises by 8.7%
25 Jul 2017
(MENAFN) Abu Dhabi Islamic Bank revealed that it has gained an increase by 8.7% in profit during the April-June period, which is over analysts’ forecasts.
According to the Emirate bank, increasing fee income was the cause of the Q2 revenues expansion by 3.9%.
Meanwhile, Arqaam Capital had etimated a net profit of 526 million dirhams for the Abu Dhabi Islamic bank.
ADIB also revealed that it has booked provisions of around 216.4 million dirhams in the second three months, decreased by 7.5%.
MENAFN2507201700450000ID1095655045
MENAFN2507201700450000ID1095655045
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