ADIB posts record quarterly profit | The National:
"Abu Dhabi Islamic Bank (ADIB), the biggest Sharia-compliant lender in the emirate, said its first-quarter profit rose to a record as loans and deposits soared.
Net income increased 20.4 per cent to Dh409.5 million compared with Dh340.1m in the same period the previous year, the Abu Dhabi-based lender said.
Customer financing advanced 18.1 per cent to Dh63.8 billion from Dh54bn while deposits grew 21.4 per cent to Dh77bn from Dh63.4bn in the same period. The bank’s total assets increased 16.4 per cent to Dh103.8bn from Dh89.2 bln."
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