Banco Compartamos’ 4Q 2009 NI rose by 49.1% YoY to MXN516 mn, while FY 2009 NI rose by 33.0% YoY to MXN1,490 mn. The total loan portfolio increased by 33.4% YoY during 4Q 2009 to MXN7,645 mn. Tier 1 Ratio remained strong at 42.2%, while ROAE was 54.3% for 4Q 2009 and 43.1% for Fy [...]
[MASQ UH] Mashreqbank :: FY 2009 NI off 39% YoY to AED1 bn
UAE’s Mashreqbank’s FY 2009 NI fell by 39% YoY to AED1 bn from AED1.64 bn, on Operating Income of AED4.9 bn. OI growth was largely driven by 30% YoY growth in Fee, Commission and other income as well as robust growth in investment income. Mashreqbank’s 9M 2009 NI had fallen by 20% YoY to AED1.12 [...]
[NBAD UH] National Bank of Abu Dhabi :: 4Q 2009 NI down 13% YoY to AED429 mn, misses est
National Bank of Abu Dhabi’s Operating Income in 4Q 2009 was up by 18.3% YoY to AED1.07 bn, after taking provisions of AED623 mn, of which AED316 mn were collective provisions, versus AED904 mn in 4Q 2008. 4Q 2009 NI was down 13% YoY to AED429 mn ($116.8 mn), after taking AED623 mn of provisions, [...]
[ADCB UH] Abu Dhabi Commercial Bank :: $2.7 bn exposure to Dubai World
Abu Dhabi Commercial Bank, the UAE’s third-largest bank, has about $2.7 bn in outstanding loans to Dubai World entities, including “four or five different entities” that aren’t affected by the company’s restructuring, according to B|oomberg.
On January 26, 2010 ADCB reported its results for the year ended 31 December, 2009. The bank reported AED3.86 bn in [...]
[J&KBK IN] J-K Bank :: Fiscal 3Q 2009 NI up 16% YoY to INR1.39 bn
Jammu and Kashmir Bank’s fiscal 3Q 2009 Net Profit rose by 16% YoY to INR1,399.9 mn from INR1,206.7 mn in 3Q 2008. Other Income rose by 143% YoY to INR958.1 mn from INR393.9 mn in 3Q 2008, driven mostly by earnings on Commission/Exchange and profit on trading in Investments. Cost of Deposits declined by 126 [...]
[INL SJ] Investec :: April-December 2009 Net OI up by 1% YoY
South Africa’s Investec, a specialist banking group comprising banking and asset management businesses, said its net operating income after expenses and minorities but before impairments on loans and advances for the April-December 2009 period rose by 1% YoY.
In addition, the company reported the following:
Net operating income (after expenses and minorities but before impairments on loans [...]