Dubai Islamic Bank (DIB) yesterday reported a net profit of Dh222 million in the first quarter of 2011, an increase of 11 per cent compared to Dh200 million in the corresponding period of 2010.
The bank's total assets as of March 31 stood at Dh100.4 billion, an increase of 11 per cent compared to Dh90.1 billion at the end of the fourth quarter of 2010.
As of March 31, customer deposits at the bank stood at Dh72.9 billion, up 15 per cent compared to Dh63.4 billion in the previous quarter.
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