Booming Dubai boosts lender ENBD's Q1 profit but bad loans drag
Emirates NBD expects the buoyant local economy to keep boosting its profits and allow the bank to build up its bad loan coverage ratio without the kind of severe provisioning which stymied recent earnings.
Noor Bank reports AED85m first quarter net profits
Noor Bank on Wednesday reported record net profit of AED 85 million for first quarter 2014 compared to AED 31 million for first quarter 2013.
National Bank of Fujairah’s first quarter net profit jumps 27.1%
National Bank of Fujairah (NBF) on Wednesday reported a net profit of AED 115.3 million, up 27.1% compared to AED 90.7 million reported in the corresponding period last year.