Bank of Sharjah results revealed consistent performance and continued growth during the first half of 2010. Net profit reached AED 276 million registering a 7% increase over the corresponding 2009 period figure of AED 258 million. The growth is attributed to the Bank’s proven strategy, the quality of its assets, and the strength of its balance sheet.
As of June 30th, 2010 total assets reached AED 18,787 million an increase of 9% over the corresponding June 30th, 2009 figure of AED 17,199 million. The increase over the December 31st, 2009 figure of AED 18,062 million was a satisfactory 4%. The bank’s equity grew by 6 % to reach AED 4,086 million compared to the June 30th, 2009 figure of AED 3,869 million.
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As of June 30th, 2010 total assets reached AED 18,787 million an increase of 9% over the corresponding June 30th, 2009 figure of AED 17,199 million. The increase over the December 31st, 2009 figure of AED 18,062 million was a satisfactory 4%. The bank’s equity grew by 6 % to reach AED 4,086 million compared to the June 30th, 2009 figure of AED 3,869 million.
buy a property
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