The exceptionally strong year-on-year advance reflected increases in all income categories and a reduction in provisions for credit losses.
Net interest income at $134.1 million (Dh492.82 million) was 4 per cent up on the prior year period. This was principally due to higher GCC loan volumes and margins, and a more favourable interest rate environment.
The Group also recorded strong trading revenues during the period. Profits were generated across all trading activities, including trading in emerging market debt, corporate debt, equities and fixed income.
AI-powered customer service can significantly enhance business processes
Pakistan have never won a Test series in the 12 times they have toured down under
She was the first woman composer of All India Radio from South India
The king is scheduled to deliver the opening speech at the World Climate Summit on Friday