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Abu Dhabi banks report over $4.5bn income in H1The net income of commercial and Islamic banks operating in Abu Dhabi amounted to Dh16.6 billion ($4.51 billion) during H1 of 2018, a growth of 8.4 per cent over the corresponding period last year, a media report said. The increas More… |
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Abu Dhabi banks’ net income tops $2bn during Q1The net income of Abu Dhabi-based commercial and Islamic banks amounted to around Dh7.9 billion ($2.15 billion) during the first quarter (Q1) of the year, up 2.8 per cent over the corresponding period of 2017, a media report said. More… |
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Abu Dhabi banks post $8.4bn earnings in 2017The total earnings of commercial and Islamic banks in Abu Dhabi, UAE surged to Dh30.83 billion ($8.4 billion) in 2017, said a media report. The total earnings of commercial banks headquartered in the capital reached Dh25.53 billio More… |
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Abu Dhabi banks post $2.45bn income in Q2The net income of Abu Dhabi-based commercial banks amounted to Dh9 billion ($2.45 billion) during Q2 2017, a growth of 4.1 per cent from Dh8.64 billion during the corresponding period in 2016. Net interest income amounted to Dh5.2 More… |
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Abu Dhabi banks ‘have big Dubai exposure’Years of chasing business in Dubai's property boom means that Abu Dhabi banks have built up an exposure to Dubai-based companies worth at least 30 per cent of their loan books, senior bankers in Abu Dhabi said on Friday. As a result, b More… |
