Dubai bank Emirates NBD's Q2 net profit rises 16 pct

July 18, 2016 5:14 AM

17 0

DUBAI, July 18 Emirates NBD (ENBD), Dubai's largest lender, posted on Monday a 16 percent rise in second-quarter net profit, broadly in line with analysts' forecasts.

The bank made a net profit of 1.91 billion dirhams ($520.04 million) in the three months to June 30, according to a statement. That compared to 1.65 billion dirhams in the corresponding period of 2015.

Also read: U.S. motor travel up 1.5 percent in April from year ago: DOT

Read more

To category page