July 18 (Reuters) – UAE lender Abu Dhabi Islamic Bank ADIB.AD expects to report “double digit” profit growth in the second half of the year, its chief executive said on Sunday.
“Our plan is to continue to show double digit growth for the rest of the year,” Chief Executive Tirad Mahmoud told Reuters.
The bank, the second largest Islamic lender in the UAE, posted a 56 percent rise in second-quarter profit earlier in the day as provisions fell. [ID:nLDE6650AH] (Reporting by Stanley Carvalho, Editing by Andrew Callus)