April 26, 2018 / 10:44 AM / 3 months ago

BRIEF-Abu Dhabi Commercial Bank Q1 Profit Rises

April 26 (Reuters) - ABU DHABI COMMERCIAL BANK:

* Q1 NET PROFIT 1.21 BILLION DIRHAMS VERSUS 1.11 BILLION UP 9 PERCENT YOY

* Q1 TOTAL NET INTEREST AND ISLAMIC FINANCE INCOME 1.83 BILLION DIRHAMS VERSUS 1.63 BILLION DIRHAMS YEAR AGO

* AS AT END-MARCH 2018, NET LOANS AND ADVANCES STAND AT 162.82 BILLION DIRHAMS, UP 2 PERCENT YEAR ON YEAR

* AS AT END-MARCH 2018, CAPITAL ADEQUACY RATIO (BASEL III) OF 17.48 PERCENT

* AS AT END-MARCH 2018, CUSTOMER DEPOSITS STAND AT 166.88 BILLION DIRHAMS, UP 3 PERCENT YEAR-ON-YEAR Source:(bit.ly/2HUQ20T) Further company coverage:

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