ADCB reports Dh1.1b first quarter net profit | GulfNews.com:
"Abu Dhabi Commercial Bank (ADCB) on Tuesday reported Dh1.1 billion net profit for the first quarter of 2014, up 22 per cent compared to the first quarter of last year.
The bank’s net profit was up 26 per cent compared to the fourth quarter of 2013.
During the first three moths of this year ADCB’s operating income grew 9 per cent to Dh1.9 billion and the operating profit was up 4 per cent at Dh1.27 billion compared to the first quarter of 2013.
“ADCB had a very good start to the year. We are seeing positive signs that the economy is getting stronger and we continue to follow a corporate strategy based on measured growth and discipline,” said Ala’a Eraiqat, chief executive officer of ADCB."
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