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Emirates NBD tackles results Sunday amid good expectations

Emirates NBD tackles results Sunday amid good expectations
Emirates NBD
EMIRATESNBD
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Dubai – Mubasher: In a bourse filing to the Dubai Financial Market (DFM) on Tuesday, Emirates NBD announced scheduling its Board of Directors’ meeting on Sunday, January 18, 2015 at 3 pm.

The Bank will discuss its financials for the year ended December 31, 2014 and related resolutions, it said.

The will also discuss the date and venue of the Annual General Meeting (AGM) for shareholders.

Bankers have said that UAE banks are expected to see record profits in 2014, reaching AED 35 billion, after achieving AED 28 billion in FY13 and AED 23.8 billion in FY12.

Emirates NBD had reported a 51.4% leap in net profit during the first nine months of 2014 compared to the same period in 2013. Moreover, it reported a massive surge by 101.6% in its profits during Q3-14.

 

Photo Credit: Arabianeye-Reuters