ADCB Reports Net Profit After Tax of AED 4.456 Billion

ADCB Reports Net Profit After Tax of AED 4.456 Billion in H1’24

By Fintech News UAE Staff July 19, 2024 0

Abu Dhabi, 18th July 2024 (WAM) – Abu Dhabi Commercial Bank PJSC (ADCB) has announced its financial results for the second quarter of 2024 (Q2’24), showcasing a strong performance driven by double-digit year-on-year (YoY) growth in both net interest income and non-interest income, underpinned by robust UAE economic fundamentals. According to the financial results statement, […]

Emirates NBD reports record Dh13.8 billion profit

Emirates NBD reports record Dh13.8 billion profit in H1 2024, up 12% YoY

By Fintech News UAE Staff July 18, 2024 0

Emirates NBD has reported a record profit of Dh13.8 billion for the first half of 2024, driven by increased lending across its regional network and substantial impaired loan recoveries, according to a recent filing with the Dubai Financial Market (DFM). The group’s quarterly profit exceeded Dh7 billion for the first time, bolstered by strong performances […]