Arab Finance: announced Abu Dhabi Islamic Bank – Egypt (ADIB) announced the results of its business during the period from 01/01/2024 to 09/30/2024, which showed achieving a net profit. assembly It amounted to 6.801 billion pounds, compared to the bank achieving a net profit of 3.552 billion pounds during the period from 01/01/2023 to 09/30/2023.
In the same context, the bank achieved a net profit independent For the period from 01/01/2024 to 09/30/2024, it was estimated at about 6.652 billion pounds, compared to a net profit of 3.421 billion pounds, during the comparative period of the previous fiscal year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
The results of its business during the period from 01/01/2024 to 06/30/2024 showed achieving a net profit. assembly It amounted to 4.574 billion pounds, compared to the bank achieving a net profit of 2.165 billion pounds during the period from 01/01/2023 to 06/30/2023.
In the same context, the bank achieved a net profit independent For the period from 01/01/2024 to 06/30/2024, it was estimated at about 4.491 billion pounds, compared to a net profit of 2.087 billion pounds during the comparative period of the previous fiscal year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
It is one of the banks affiliated with the Emirati Abu Dhabi Islamic Bank, which acquired the National Development Bank and offers a wide and innovative range of modern financial solutions compatible with Islamic Sharia to its corporate and individual clients. It began operations in Egypt in 2007 after acquiring the National Bank for Development (NBD) through the UAE alliance between Abu Dhabi Islamic Bank and Emirates International Investment Company (EIIC).
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