January 29, 2013 / 10:48 AM / 5 years ago

BRIEF-National Bank of Abu Dhabi profit rises, tops estimates

DUBAI, Jan 29 (Reuters) - National Bank of Abu Dhabi PJSC : * National Bank of Abu Dhabi 2012 net profit 4.33 billion versus 3.71

billion dirhams in 2011 * National Bank of Abu Dhabi 2012 net impairment charge 1.34 billion

dirhams versus 1.5 billion dirhams in 2011 * National Bank of Abu Dhabi Q4 net profit 1.12 billion dirhams

versus 724 million dirhams in q4/11 * National Bank of Abu Dhabi Q4 impairments 365 million dirhams, down 24

percent * National Bank of Abu Dhabi 2012 net gain on investments 537.2 million dirhams

versus 93.5 million dirhams in 2011 * NBAD board recommends 2012 cash dividend of 0.35 dirhams per share, bonus

share for every 10 held * Analysts in Reuters poll forecast, on average, Q4 net profit of 876.5 million dirhams

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