Dubai Islamic Bank 2012 net profit rises to Dhs1.19bn

Posted by on Feb 6th, 2013 and filed under Islamic Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Dubai Islamic Bank (DIB) group announced its financial results for last year, reporting a net profit of Dhs1.19bn, an increase of 13% compared to 2011. DIB's Board of Directors also recommended the distribution of a cash dividend of 15%, subject to regulatory and general assembly approvals. In general, the financial results show healthy growth across the bank's operations, confirmed by Fitch Ratings recently, that gave the bank a Long-term Issuer Default Rating at 'A' with a stable outlook.

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