Emirates NBD’s nine-month net profits up 27 per cent to Dh5 billion | GulfNews.com

Emirates NBD’s nine-month net profits up 27 per cent to Dh5 billion | GulfNews.com:

"Emirates NBD (ENBD), on Tuesday reported a nine-month net profit  of Dh5 billion up 27 per cent compared to same period last year.

The strong operating performance was helped by an increase in net interest income, a modest increase in costs and a lower impairment charge.

Total income for the first nine months grew by 2 per cent to Dh11.2 billion. Net interest income grew 8 per cent to Dh7.6 billion due to growth in retail assets and a lower cost of funds."



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