Abu Dhabi bank posts record profits

by Jason Benham Thursday, 24 July 2008

National Bank of Abu Dhabi (NBAD) posted record net profit of $272.3 million in the second quarter, up about 72 percent from the year-earlier period.

Related Stories

NBAD's operating income jumped 60 percent to $735 million in non-interest income, according to an bank official reading from a statement being prepared for publication.
Five analysts' forecasts for NBAD's second-quarter profit ranged from $165 million to $214 million in a Reuters survey last month.

NBAD, Abu Dhabi's largest bank by market value, made $158 million in the second-quarter of 2007 and $237 millions in the first quarter of this year. (Reuters)



Search Property (2048 listed)



Enter a Development, City, Real Estate Agent or Developer name
Property Type
Added to Site
Price Range
to
Bedrooms
Area (in sqft)
to
to

Quick Links(Residental)