Tuesday 19 April 2016

Emirates NBD’s first quarter net profits up to Dh1.8 billion | GulfNews.com

Emirates NBD’s first quarter net profits up to Dh1.8 billion | GulfNews.com:

"Emirates NBD on Tuesday reported a first quarter net profit of Dh1.8 billion up 8 per cent compared to the first quarter of 2015.

The healthy operating performance was helped by an increase in total income, driven by asset growth and stable core fee income, coupled with a control on expenses and lower provisions.

Despite challenging market conditions, Emirates NBD continued to achieve growth in revenue and net profit as various parts of the business delivered a robust performance in the first quarter, the bank said in a statement."



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