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Dubai Islamic Bank First Quarter 2023 Group Financial Results

Significant rise in Total Income of 47% YoY to AED 4.4 billion. Net profit of AED 1.5 billion, strong growth of 12% YoY. Continued improvement in RoTE registering 17.5%, up 50 bps YTD. Enhanced cash coverage ratio to 80% up nearly 200 bps YTD. Upgraded standalone credit ratings by Moodys…

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