Showing posts with label nib. Show all posts
Showing posts with label nib. Show all posts

Monday, 25 July 2011

BANKING - FINANCE - Noor Islamic Bank posts Dhs85m net profit for the period ending June 30th (Albaraka Turk)

Noor Islamic Bank (NIB) recorded a net operating profit of Dhs207m for the first six months of 2011, on a revenue base of Dhs386m. Net profit for the period ending June 30th was Dhs85m. The bank remains adequately capitalized with a capital adequacy ratio of 18.36%. (source)