Browse
related articles
NBD Q2 profit down 28.5%
- United Arab Emirates: Wednesday, July 26 - 2006 at 07:45
National Bank of Dubai posted a Q2 2006 profit of $67.33m, 28.5% down on Q2 2005, but only 3.8% lower than in Q1 2006. The effect of rising interest costs and losses on its investment portfolio was partially offset by a rise in loans and customer deposits, the bank said in a statement. Q2 2006 Interest income rose 60.76% to $205.89m. Assets increased 14.4% to $16.01bn at the end of June 2006, from $14bn at the end of 2005.
Also consider reading:
Today's top stories
Week's top stories
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
- » Abu Dhabi to 'pick and choose' Dubai support
- » Samsung halts Dubai bridge work amidst Dubai debt crisis
- » Moody's: UAE banks with largest exposures to Dubai World remain on review
- » Emirate of Abu Dhabi 'AA/A-1+' sovereign ratings affirmed; outlook stable
- » Fitch downgrades Dubai Bank, Tamweel and TAIB Bank on Dubai World restructuring proposal
James McInerney, News EditorWednesday, July 26 - 2006 at 07:45 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds