Monday 28, February 2011 by

Commercial Bank International posts AED 143 million ($38.9 million) net profit for 2010

CBI says total assets grew by 9.1 per cent to reach AED 11.9 billion ($3.24 billion) in 2010. Loans and advances were up by 6.5 per cent from AED 7.8 billion ($2.12 billion) in 2009, to AED 8.3 billion ($2.26 billion) in 2010. Customer deposits witnessed an increase of 9.3 per cent to AED 9.4 billion ($2.56 billion) in 2010.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more