Wednesday 23, July 2008 by
Ahli United Bank sees record net profit of $211.7 million
Ahli United Bank (AUB) has announced a 40.5 per cent rise in net profits for the first half of 2008 of $211.7 million, compared to the same period last year. This, said AUB, reflects a continuing trend of increasing profitability achieved since inception in very competitive and challenging market conditions. The bank said it has been achieved through a judicious mix of revenue streams within a diversified and prudent risk framework.
