As we expected!
FGB, Q3-16 was marked by:• A 43% boost of its Attributable Net Profit, reaching AED1.878bn vs AED1.420bn in Q3-15.
• A 5% decrease to AED2.6m of Impaired loans vs AED2.7m in Q3-15.
• A +32% cost of risk during Q3’16 at AED419.693m vs. AED316.866m during Q3’15.
More…
• Loans and advances to customers grew to AED156bn by Sep’16, i.e. +1.4% compared to Sep’15 AED154bn.
• Deposits recorded an additional AED1.2bn during 2016’s 3rd quarter, to amount AED140.912bn, i.e.
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