Browse
related articles
Mashreq posts 60% surge in 2012 profit
- United Arab Emirates: Saturday, March 02 - 2013 at 00:26
UAE-based Mashreq Bank has said its net profits for last year jumped 60% year-on-year to Dhs1.3bn ($353m), Gulf Daily News has reported. Total operating income for 2012 rose 5.5% to Dhs4.1bn, compared with 2011, while operating income for fourth quarter of 2012 increased by 10.1% on a quarter-on-quarter basis to Dhs1.1bn, the lender said. Total assets dropped 3.6% to Dhs76.4bn, from Dhs79.2bn at the end of 2011, Mashreq said.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
