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UNB profit up 63.5%
- United Arab Emirates: Thursday, October 16 - 2008 at 08:23
UAE-based Union National Bank has reported a 63.5% increase in profits for the first nine months of this year to Dhs1.3bn ($354m). Profits were Dhs841m for the corresponding period of 2007. The net profit of the group for the third quarter of this year was Dhs610.8m, up from Dhs298.9m in the same period last year. The net profit figure increased by 104.3%, the bank said.
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Jeff Florian, Senior ReporterThursday, October 16 - 2008 at 08:23 UAE local time (GMT+4)
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