In the third quarter, the bank recorded a more remarkable growth with a 16 per cent surge in net profit to Dh3 billion year-on-year as annualised earning per share was at Dh1.07, FAB said.įAB's 9-month operating income rose 1 per cent to of Dh14.6 billion as loans and advances went up 3 per cent sequentially and 8 per cent year-on-year to Dh354 billion, the Abu Dhabi based lender said in a statement. First Abu Dhabi Bank (FAB), UAE's largest bank by assets, reported on Monday 12 per cent growth in net profit to Dh9.1 billion for the first 9 months, and said it would be launching commercial banking activities in Saudi Arabia during the current quarter.
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