Commercial Bank of Dubai profits rise nine percent in 2000

Published February 8th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Commercial Bank of Dubai (CBD) has announced net profits of $54.9 million in 2000, a nine percent increase over the previous year, newspapers reported Thursday, February 8. Overall assets surged 14.7 percent last year to $1.95 billion, the bank said at an annual general meeting, adding it would pay out a dividend of 30 percent for 2000.—(AFP)  

 

© Agence France Presse 2000  

 

© 2001 Mena Report (www.menareport.com)

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