Emirates NBD Q3 profit up 3%
- United Arab Emirates: Monday, October 26 - 2009 at 13:15
The UAE's largest bank, Emirates NBD, announced on Monday that it posted a 3% rise in Q3 profit compared to Q3 2008. The bank said net profit in the three months ended September 30 rose 3% to Dhs1.1bn from the same period a year ago, on total income that climbed 39% to Dhs2.77bn. 'The third quarter of 2009 has witnessed continued stabilisation of local and international economies and sentiment and confidence,' chairman Ahmed Humaid Al Tayer said in a statement.
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