by Amruth Sundarkumar | Jul 21, 2022 | Banks, Investment Grade Bonds
UAE-based Abu Dhabi Islamic Bank (ADIB) reported a 45% YoY increase in net profits to AED 726mn ($197.7mn) during Q2 2022. Total revenues rose 9% YoY to AED 1.4bn ($389mn), driven by a 10% growth in funded income to AED 880mn ($239.5mn) and an 8% increase in...
by Amruth Sundarkumar | Apr 29, 2022 | Banks
UAE-based Abu Dhabi Islamic Bank (ADIB) reported an 18% YoY increase in consolidated net profits to AED 715mn ($192.7mn) during Q1 2022. Total revenues rose to AED 1.5bn ($410mn), up 6% YoY, driven by a 12% increase in non-funded income to AED 620mn ($168.8mn) and a...
by bondevalue | May 3, 2021 | Investment Grade Bonds
Abu Dhabi Islamic Bank reported Q1 net profits of AED 608mn ($165mn), up 125% YoY with a revenue increase of 3.3% YoY to AED 1.336bn ($363 mn) and a non-funding income growth of 30%. The bank said it reduced operating expenses by 7% YoY and that total assets rose...
