Financial Results
Retail Banking
Uncategorized
Dubai's Amlak posts 2014 profit rise on debt restructuring
Dubai-based Islamic mortgage lender Amlak Finance posted a 22 percent rise in attributable net profit for 2014 on Wednesday as gains from its debt restructuring offset write-downs in its property portfolio. Amlak's net profit attributable to equity holders rose to 58.9 million dirhams ($16 million) in 2014 from 48.2 million…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Arabian Business