Abu Dhabi government-owned Al Hilal Bank earned its first yearly profit in 2010 and expects continued growth as it expands locally and overseas, its top executive said on Tuesday.
The Islamic lender is finalising its next three-year growth strategy that would focus on investment banking among other growth areas, said Mohamed Berro told Reuters.
"Our first year of profit was purely from operations, no one-offs. Despite the challenges, we found the market for Islamic banking is getting bigger," Berro said.
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