Finance House reports 15.9% jump in 2013 net income

February 6, 2014 10:03 am

Abu Dhabi’s Finance House has said its full-2013 net profit jumped 15.9% to Dhs83.7m, compared with Dhs72.2m recorded in the previous year. Net loans and advances, including Islamic financing and investing assets as at December 31, 2013, climbed 8.4% to Dhs1.58bn from Dhs1.46bn at the end of 2012. Total assets grew 10.9% to Dhs4.12bn as at December 31, compared with Dhs3.72bn a year earlier, the firm said.