The tech company has navigated a global smartphone slump better than many of its rivals but faces an uneven economic recovery in China
The corporate banking portfolio grew by 5 per cent YoY to $4.3bn while its net interest income rose by 10 per cent to $45.9m
The banking group’s operating income reached Dhs6.8bn in Q2 2023, a 37 per cent YoY increase from the same period a year earlier
The Islamic bank made a profit of Dhs1.1bn in the three months to March 31, up from Dhs715m in the same period last year
The bank’s net interest income rose by 33 per cent to Dhs2.85bn while non-interest income surged by 34 per cent to reach Dhs1.06bn
Aramco’s net income was $41.6bn in the third quarter, slightly above analysts’ expectations
The lender recorded year-on-year growth of 97.5 per cent to close the six month period at a net profit of Dhs150.5m
Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings