CBD reports 22% growth in Q1
United Arab Emirates: Thursday, April 17 - 2008 at 07:03
Commercial Bank of Dubai has reported 22% growth in the first quarter to Dhs267m ($72.7m) compared to Dhs218m in the same period of 2007. The core banking profit increased by 32% to Dhs222m in comparison to Dhs168m for the first quarter of 2007. Net interest income for the period was Dhs246m, a 28% increase over last year's figures. Fees and commission grew by 35%.
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Jeff Florian, Senior ReporterThursday, April 17 - 2008 at 07:03 UAE local time (GMT+4)
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