Sharjah Islamic Bank announces Dhs272.0m for year of 2012
- United Arab Emirates: Thursday, January 17 - 2013 at 14:13
- PRESS RELEASE
Sharjah Islamic Bank announced its 2012 results with net profit of Dhs272.0m, compared to Dhs251.1m achieved last year with an increase of 8.3%.
Net customer receivables reached Dhs10.7bn compared to Dhs10.4bn on December 2011 with an increase of 3.1% and customer deposits reached Dhs11.3bn, compared with Dhs10.4bn with an increase of 9.0% since December 2011.
Total shareholder equity amounting to Dhs4.4bn represents 24.3% of the total assets and total liquid assets reached Dhs4.2bn which represents 22.7% of the total assets reflecting the bank's strong financial position.
The Directors propose to the Shareholders a cash dividend of 6% of the par value of share (Dhs0.06 per share) amounting to Dhs145.5m. (compared to cash dividend of Dhs145.5m Dhs0.06 per share on 2011).
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 Mediaquest FZ LLC. Mediaquest FZ LLC 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.