iPhone | iPad
Android
Huawei
During an interview with
KT APPDOWNLOAD
AUB reports 17pc rise in net profits
DUBAI — Ahli United Bank (AUB) has announced a net profit of $ 38.9 million for the quarter ended 31 March 2005, an increase of 17 percent over the same period in 2003 ( $ 33.2 million).
The net interest and other income to 31 March 2005 was $ 60.8 million (2004 - $ 57.0 million), an increase of 6.6 per cent, with a cost-to-income ratio of 32.7 percent (Q1 2004- 34.9 per cent). Basic earnings per share was US cents 1.49, compared to US cents 1.28 in the corresponding period last year.
The first quarter of tis year also shows that AUB’s total assets stood at $ 8.43 billion on an enhanced regulatory capital base of $ 1,456 million including $ 443 million of net proceeds raised by issuing 1,000 million Class A preference shares effective 1January 2005.
The resultant consolidated risk asset ratio stood at 22.2 per cent well above the minimum regulatory requirements set by the Bahrain Monetary Agency.
More news from
This initiative aims to minimise instances of illegal parking
Smart technologies provide precise recommendations, allowing construction teams to save time and effort
Three years after Yang Qian and Yang Haoran won the gold in Tokyo, compatriots Huang and Sheng made sure China retained it
Through this initiative, affected customers won't have to pay two instalments in one month
The astronauts are seen training and carrying an 'Olympic torch'
The Spaniard's impressive round puts him in the perfect position to clinch his first LIV title, as his team, Legion XIII lead the competition
The young motorist was immediately identified and summoned; his vehicle was also seized