| Bank’s Activities 2009 |
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- Total Assets increased to reach AED. 18,062 Million as at 31/12/2009,
against AED. 15,820 Million as at 31/12/2008, up by 14%.
- Total Liabilities increased by AED. 1,988 Million to reach AED 13,965
Million as at 31/12/2009, against AED 11,978 Million as at 31/12/2008 up by
17%.
- Total Customer Deposits registered a significant by AED. 1,995 Million,
to reach AED. 12,113 Million as at 31/12/2009, compared to AED. 10,118
Million as at 31/12/2008, a growth of 20%.
- Total Facilities increased by AED. 1,110 Million to reach AED. 11,450
Million as at 31/12/2009, against AED. 10,340 Million as at 31/12/2008, up
by 11%.
- Total Off-Balance Sheet decreased to reach AED. 6,871 Million as at
31/12/2009, against AED. 7,904 Million as at 31/12/2008, down by 13%.
- Net liquidity surged by AED. 735 Million to reach AED. 2,912 Million as
at 31/12/2009, against AED. 2,177 Million as at 31/12/2008 an increase of
34%.
- The Bank realized AED 475 Million net consolidated profits as at
31/12/2009 against AED. 410 Million 31/12/2008, an increase of 16%.
Moreover, the improvement witnessed by the U.A.E financial markets has
increased the cumulative changes in the fair value of available for sale
investments. This was translated into a 51% increase in total comprehensive
income to reach AED 514 Million compared with AED 340 Million 31/12/2008.
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