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Emirates News Agency - 10 UAE national banks post AED7.7 in Q1'21 net profit

10 UAE national banks post AED7.7 in Q1 21 net profit
ABU DHABI, 3rd May, 2021 (WAM) Eleven UAE national banks have reported circa AED7.74 billion Q1 21 net profit, a growth of 9.6 percent over the same period last year.
According to data issued by the these banks, six ADX-listed banks booked around AED4 bn in profits during the first three months of the year, compared to AED2.967 bn over the same period in 2020.
FAB topped the list with around AED2.475 billion in profit, an increase of 2.8 percent from the same period last year. ADCB came second with AED1.12 bn in net profit; followed by Sharjah Islamic Bank, AED164 million; and then RAK Bank and NBQ, AED43 million each. ....

Ash Shariqah , United Arab Emirates , Dubai Islamic Bank , Mashreq Bank , Emirates Islamic Bank , Sharjah Islamic Bank , Commercial Bank , ஒன்றுபட்டது அரபு அமீரகங்கள் , துபாய் இஸ்லாமிய வங்கி , மாஶ்ர்க் வங்கி , அமீரகங்கள் இஸ்லாமிய வங்கி , ஷார்ஜா இஸ்லாமிய வங்கி , வணிகரீதியானது வங்கி ,

10 UAE national banks post Dh7.74 billion net profit in Q1

10 UAE national banks post Dh7.74 billion net profit in Q1
Wam/Dubai
File photo
FAB topped the list with around Dh2.475 billion in profit.
Eleven UAE national banks have reported around Dh7.74 billion Q1’21 net profit, a growth of 9.6 per cent over the same period last year.
According to data issued by the these banks, six ADX-listed banks booked around Dh4 billion in profits during the first three months of the year, compared to Dh2.967 billion over the same period in 2020.
FAB topped the list with around Dh2.475 billion in profit, an increase of 2.8 per cent from the same period last year. ADCB came second with Dh1.12 billion in net profit; followed by Sharjah Islamic Bank, Dh164 million; and then RAK Bank and NBQ, Dh43 million each. ....

Ash Shariqah , United Arab Emirates , Dubai Islamic Bank , Mashreq Bank , Emirates Islamic Bank , Sharjah Islamic Bank , Commercial Bank , ஒன்றுபட்டது அரபு அமீரகங்கள் , துபாய் இஸ்லாமிய வங்கி , மாஶ்ர்க் வங்கி , அமீரகங்கள் இஸ்லாமிய வங்கி , ஷார்ஜா இஸ்லாமிய வங்கி , வணிகரீதியானது வங்கி ,

Etisalat, banks lead gains on Abu Dhabi markets, as investors factor in Q1-21 numbers

Etisalat drove the upsurge in Abu Dhabi stocks in early Thursday trades, with the telco wowing investors with its Dh2 billion plus net profit for first three months of 2021. In Dubai, real estate stocks reversed recent losses.
Abu Dhabi Securities Exchange traded 0.1 per cent higher at 6,088 points, with Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank and Sharjah Islamic Bank benefitting from upbeat sector results. But the index received its biggest boost from Etisalat.
It gained as much as 1.2 per cent at one point, but has since shed some of the momentum and is now up 0.2 per cent.
The telco late on Wednesday reported an 8 per cent uptick in first-quarter bottom-line to Dh2.3 billion, mainly on the back of lower impairment losses of trade receivables and contract assets coupled with better contributions from associate companies. Profits were, however, squeezed a bit as operating expenses increased 4 per cent to Dh8.4 billion. ....

United Arab Emirates , Ash Shariqah , Abu Dhabi Commercial Bank , Abu Dhabi , Abuz Aby , Mazaya Real Estate Development , Amanat Holding , Abu Dhabi Securities Exchange , Sharjah Islamic Bank , Qatar Exchange , Abu Dhabi Islamic Bank , Stock Dubai Financial Market , Dubai Financial Market , Image Credit , Dhabi Securities Exchange , Financial Market , Shuaa Capital , Takaful House , ஒன்றுபட்டது அரபு அமீரகங்கள் , மஜய ரியல் எஸ்டேட் வளர்ச்சி , அமனாத் வைத்திருத்தல் , ஷார்ஜா இஸ்லாமிய வங்கி , கத்தார் பரிமாற்றம் , ஸ்டாக் துபாய் நிதி சந்தை , துபாய் நிதி சந்தை , படம் கடன் ,

Sharjah Islamic Bank operating profits up 27% in Q1 2021

Sharjah Islamic Bank operating profits up 27% in Q1 2021
gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.

Ash Shariqah , United Arab Emirates , Sharjah Islamic Bank , Nasdaq Dubai , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஷார்ஜா இஸ்லாமிய வங்கி , நாஸ்டாக் துபாய் ,

Sharjah Islamic operating profits rise 27% in Q1

Sharjah Islamic operating profits rise 27% in Q1
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

Ash Shariqah , United Arab Emirates , Sharjah Islamic Bank , Islamic Bank , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஷார்ஜா இஸ்லாமிய வங்கி , இஸ்லாமிய வங்கி ,