Abu Dhabi Islamic Bank boasts ‘resurgent’ performance as first-quarter profit more than doubles
Abu Dhabi Islamic Bank is so pleased with its first-quarter that it described its performance as “resurgent” twice in a statement on Sunday (May 2).
Net profit for January through March increased 125.3% to 607.6 million dirhams ($165.45 million) compared to 270 million dirhams for the same quarter last year.
Q1 profit was also up from the preceding quarter, by 26%.
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