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 [...]
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[AOFS OM] Al Omaniya Financial :: FY 2009e NI up 11.3% YoY to OMR 3.675 mn
Al Omaniya Financial said that its preliminary unaudited estimates of FY 2009 NI is OMR3.675 mn, up by 11.3% YoY, on FY 2009e Sales of OMR12.472 mn. Total YE 2009e Assets are at OMR116.9 mn with Net Leased Assets of OMR114.5 mn.
A week earlier Moody’s assigned the company Ba3 long-term local and foreign currency issuer [...]