Article: United Arab Emirates: Ahli Bank announces 31% increase in Q3 profit.(Financial report)

Byline: babalu03

AhliBank SAOG, one of the leading banks in the Sultanate announced its un-audited results for the nine months ended September 30, 2009. The Bank announced its net profit of Rial 2.64 million for the three months period ends September 30, 2009. This was the record highest quarterly profit for Ahli BankAhli Bank since it was converted into a full fledged commercial bank.

Commenting on the financial results, Mr. Hamdan Ali Nasser Al Hinai, First Deputy Chairman said, Our third quarter results show a healthy continued and structured growth. These figures are a reflection of the Bank s strong financial position and steady strategy, allowing ...

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