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Dubai Islamic Q1 earnings up 17%
- United Arab Emirates: Monday, April 15 - 2013 at 04:55
Dubai Islamic Bank (DIB) has posted a 17% jump in its first-quarter net profit to Dhs301.7m, compared with Dhs258.5m in the same quarter a year ago, Khaleej Times has reported. Total assets in the quarter grew 22% year-on-year to Dhs120.6bn from Dhs98.7bn. Customer deposits surged 32% to Dhs88.3bn as of March 31, 2013, compared with Dhs66.7bn in the previous quarter, DIB said.
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