• Register
Sharjah Islamic Bank building.

Sharjah Islamic Bank announces 50% rise in Net Profits to reach Dhs202.1m for Q2 of 2014

: Monday, July 21 - 2014 @ 12:51

Sharjah Islamic Bank announced its 1st Half 2014 results with Net Profits reaching Dhs202.1m, compared to 134.7 million achieved in the same period last year, a 50% growth rate.

Net customer facilities reached Dhs14.5bn rising by Dhs2.0bn, a 15.7% increase since December 2013 and customer deposits reached Dhs13.7bn rising by Dhs1.8bn or 14.8% growth since Dec 2013.

Total Assets reached Dhs23.4bn, growing by 7.7% since Dec 2013.

SIB shareholder’s equity of 4.5 billion represents 19.2% of the total balance sheet footing reflecting the bank’s strong capital base and strong financial position that enables the Bank to achieve its strategic objectives.

Today's Top Stories

Posted by

Monday, July 21- 2014 @ 12:51 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.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs