Thursday 24, July 2008 by

UNB reports strong second quarter results

Bahrain-based Union National Bank (UNB) has reported strong second quarter results with net income of $115.4 million, a growth rate 49 per cent year on year and 26 per cent quarter on quarter with adjusted earnings per share of AED 0.23. This increase, according to a report from Al Mal Capital, represents growth in business and income from core banking activities.

Features & Analyses

Investment Banking Growth amidst uncertainty

Banker Middle East sat down with Ahmed Saud Ghouth, Chief Executive Officer of Alkhabeer Capital, to talk about the firm’s seven… read more