ADCB third-quarter profit up 18.3% to Dh1.2 billion | The National

ADCB third-quarter profit up 18.3% to Dh1.2 billion | The National:

"Abu Dhabi Commercial Bank (ADCB), one of the emirate’s biggest lenders, yesterday posted an 19 per cent jump in third-quarter profit, even as lower oil prices weighed on economic growth.

Net income rose to Dh1.2 billion in the third quarter from Dh1.01bn in the corresponding period last year, meeting analyst estimates.

Interest income rose to Dh1.76bn from Dh1.58bn last year, while fees and commissions climbed to Dh334.6m from Dh306.4m last year."



'via Blog this'