Thursday 23, July 2009 by

First Gulf Bank 2Q net profit up by three per cent

First Gulf Bank (FGB) has recorded a second quarter net profit of AED 775 million ($210.9 million), a three per cent increase over the first quarter of this year. The net profit for the first half of the year stood at AED1.526 billion ($415.4 million), also three per cent higher than the AED1.484 billion generated during the first half of 2008.

Features & Analyses