Published: Jul 21, 2014
Source: Emirates 24|7

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NBF H1 profit surges 30.5% to Dh239.5m

Fujairah bank’s operating profit up 17% to Dh304.6m

National Bank of Fujairah (NBF) registered a net profit of Dh239.5 million  for the half year ended 30 June 2014 compared to Dh183.5 million in the corresponding period of 2013; a jump of 30.5 per cent.

Operating profit was Dh304.6 million compared to Dh260.3 million in the corresponding period of 2013; a rise of 17 per cent. While the total assets of Dh23.5 billion were up 9.4 per cent from Dh21.5 billion at 2013 year end, and up by 27.8 per cent from 30 June 2013 - By Wam. Read more>>>

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