Dubai Islamic Bank's FY net profit climbs 39% despite income drop
Dubai Islamic Bank achieved a full-year 2021 net profit of 4.4 billion dirhams ($1.2 billion), up by 39 percent year-on-year, despite a 10 percent decline in total income. The increase was primarily due to the ongoing lower rate environment and large corporate repayments during the year, the bank said in…
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