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Mashreq Bank to review H1 results Wednesday

Mashreq Bank to review H1 results Wednesday
Photo Credit: Arabianeye-Reuters
Mashreq
MASQ
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Dubai – Mubasher: Mashreq Bank said its board will meet to discuss and approve the bank’s financial statements for the second quarter and first half of the year on 15 July, according to filing to the Dubai Financial Market (DFM) on Sunday.

The bank previously posted 12.7% growth in its net profit for Q1-15, climbing 12.7% to AED 668 million ($181.86 million) from AED 593 million ($161.44 million) in the same period in 2014.

Mashreq’s annual profits for 2014 stood at AED 2.40 billion, a rise by 33% from AED 1.81 billion in 2013.