Assets at ADX-listed banks hit AED 1.42tn in Q2

By: Mahmoud Gamal 

Abu Dhabi – Mubasher: Assets of banks listed on the Abu Dhabi Securities Exchange (ADX) grew 7.6% year-on-year during the second quarter of 2018, recording AED 1.42 trillion.

Meanwhile, deposits at these lenders went up 3.4% to AED 798.4 billion in Q2-18 versus AED 772.1 billion a year earlier, according to official statements.

Loans rose 3.4% year-on-year to AED 798.4 billion in the three-month period ended 30 June.

Combined profits of ADX-listed banks hiked 6% to AED 11.94 billion from April to the end of June, compared to AED 11.26 billion in Q2-17. 


Translated by: Muhammad Khalid 

Mubasher Contribution Time: 23-Aug-2018 09:55 (GMT)
Mubasher Last Update Time: 23-Aug-2018 12:03 (GMT)