ENBD posts 25% jump in Q1 profits
26/04/2014 3:23 am EDT

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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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