Tuesday 30 July 2013

Abu Dhabi's ADCB says Q2 net profit up 25% - Banking & Finance - ArabianBusiness.com

Abu Dhabi's ADCB says Q2 net profit up 25% - Banking & Finance - ArabianBusiness.com:

"Abu Dhabi Commercial Bank (ADCB) reported a 25 percent rise in second-quarter net profit on Tuesday, beating analysts' forecasts.
The UAE's third-largest lender by market value, posted a net profit of AED917m ($249.7m) in the three months to June 30, it said in a statement. That compares with AED733m in the prior-year period, according to Thomson Reuters data.
Six analysts polled by Reuters had estimated an average second-quarter profit of AED783.7m for the second quarter."

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