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ENBD posts 25% jump in Q1 profits

: Saturday, April 26 - 2014 @ 03:23

Dubai-based lender, Emirates NBD has reported a 25% jump in its first-quarter net, thanks to a rise in both interest and fee income. The bank made a net profit of Dhs1.04bn ($283.7m) in the three months to March 31, compared with Dhs837m in the same period last year. Total income climbed 27% year-on-year to Dhs3.3bn and was 5% higher than the previous quarter. Total assets also grew 1% to Dhs347.1bn, compared with Dhs342.1bn at the end of 2013

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Saturday, April 26- 2014 @ 3:23 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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