February 8, 2018 / 4:28 AM / in 4 months

BRIEF-Commercial Bank Of Dubai FY Profit Flat at 1 Bln Dirhams

Feb 8 (Reuters) - COMMERCIAL BANK OF DUBAI:

* FY NET PROFIT 1 ‍​BILLION DIRHAMS VERSUS 1 BILLION DIRHAMS YEAR AGO

* FY OPERATING INCOME OF 2.64 BILLION DIRHAMS, UP 7.3 PERCENT YEAR ON YEAR

* BOARD PROPOSES FY CASH DIVIDEND OF 20 PERCENT OF CAPITAL

* AS OF END-DEC 2017, CUSTOMERS’ DEPOSITS STAND AT 48.41 BILLION DIRHAMS, UP 10.6 PERCENT YEAR-ON-YEAR

* AS OF END-DEC 2017, NET LOANS AND ADVANCES STAND AT 47.28 BILLION DIRHAMS, UP 12.7 PERCENT YEAR-ON-YEAR Source:(bit.ly/2E8YDfj) Further company coverage:

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