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emirates NBD Q1

Dubai’s ENBD sees sluggish loan growth this year

Q1 net profit 1.4 bln dirhams, vs 1.1 bln dirhams; 3-4 pct growth in loans seen in 2011 – CEO; Bad loan ratio to peak at 13-14 pct in 2011 - CFO * Gain from sale of Network International 1.8 bln dirhams

April 27, 2011 2:55
 

Emirates NBD Q1 net profit up 27 pct on stake sale

Q1 net profit 1.4 bln dirhams vs 1.1 bln dirhams; Portfolio impairments grew by 628 mln dirhams in Q1; Gain from sale of Network International 1.8 bln dirhams

April 26, 2011 4:37