Acknowledgment to the exceptional sale!
FGB, 2K16 was marked by:• A poor 0.33% increase of its Attributable Net Profit, reaching AED6.026bn vs AED6.006bn in 2015.
• A 14% decrease to AED3.688bn of Impaired loans vs AED4.294bn in 2015.
• A +3.2% cost of risk during 206 at AED1.452bn vs. AED1.407bn 2015.
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• Loans and advances to customers grew to AED156.748bn by 2016, i.e. +4.66% compared to 2015’ AED149.766bn.
• Deposits recorded an additional AED6.77bn during 2016, to amount AED149.234bn, i.e.
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