Sharjah-based United Arab Bank (UAB) yesterday reported a net profit of Dh410 million in the financial year ended December 31, 24 per cent higher than its net income for 2011.
Commenting on the bank’s Paul Trowbridge, UAB’s chief executive officer, said: “The strategic growth plans are delivering the success we envisioned and continue to remain embedded in the way we conduct and grow our business, adding value for both new and existing customers.”
“Our commitment to quality is further supported through our expanded branch network, our new SME [small and medium enterprises] business segment and our improved product offerings. This has positioned UAB as one of the fastest-growing banks in the region, with the size of the bank doubling in the last two years, as measured by customer deposits, loans and total assets,” he added.
UAB reports record net income for 2012 | GulfNews.com
No comments:
Post a Comment