First Gulf Bank posts record profit
United Arab Emirates: Thursday, April 10 - 2008 at 07:05
First Gulf Bank, Abu Dhabi's second-largest lender by market value, has reported that it made its seventh consecutive record profit in the first-quarter, reported Reuters. The bank's income rose 66% to Dhs675m ($183.8m). Net income in the three months to March 31 exceeded two forecasts in a Reuters survey last month of Dhs483m and Dhs561.
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Jeff Florian, Senior ReporterThursday, April 10 - 2008 at 07:05 UAE local time (GMT+4)
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