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ADX anticipating financials of four banks, insurance firm on Tuesday

ADX anticipating financials of four banks, insurance firm on Tuesday
Invest Bank
INVESTB
2.27% 0.02 0.01
Al Ain Ahlia Insurance
AAAIC
-10.00% 28.80 -3.20
Sharjah Islamic Bank
NBS
0.00% 2.29 0.00

UAB
UAB
-0.92% 1.08 -0.01
NBF
NBF
-0.19% 5.29 -0.01

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) is anticipating four banks and an insurance firm to release their financial results on Tuesday, Jan. 21.

Invest Bank, National Bank of Fujairah, United Arab Bank, Sharjah Islamic Bank and Al Ain Al Ahlia Insurance will report their financial statements today.

Sharjah Islamic Bank posted AED 295 million net profit for Q3 2014, leaping 33.5% compared with AED 221 million in the same period of last year.

National Bank of Fujairah reported AED 369.2 million net earnings for the first nine months of 2014, compared with AED 286.4 million a year earlier, a rise of 28.9%.

United Arab Bank’s nine-month net earnings grew 20% year-on-year to AED 495 million.

The 9M net profit of Al Ain Insurance climbed 64% year-on-year to AED 67.8 million, compared with AED 41.36 million in the same period of 2013.

Photo Credit: Arabianeye-Reuters