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EIB Q2 profit $11.7m, up 177%
- United Arab Emirates: Saturday, July 29 - 2006 at 13:57
Emirates Islamic Bank is reporting a second quarter 2006 profit of $11.7m, 121% better than Q1 and up 177% on Q2 2005. Assets were worth $2.15bn at the end of June 2006. The bank says its financing and investment portfolio grew 186% to $1.82bn at the end of the quarter compared to $654m at the end of Q2 2005.
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James McInerney, News EditorSaturday, July 29 - 2006 at 13:57 UAE local time (GMT+4)
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