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UAE bank results point to strengthening profitability and asset quality

Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of US$50.2 million for the six months ended 30th June 2014, compared to US$60.6 million in the prior year period. Net income after tax in the second quarter was US$21.1 million. Total income at US$134.4 million was US$4.8 million…

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Source: Gulf International Bank

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