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Nadra Bank Reports 6M07 Financial Results

Nadra Bank Reports 6M07 Financial Results

30 July 2008

Nadra Bank (NADR: N/R) reported its 1H07 financial results: net income of USD 37.4 mln (+57% yoy) and assets of USD 3.1 bln (+50% yoy). The bank’s gross customer loan portfolio expanded 38% YTD to USD 2.0 bln as loans to individuals increased 40% YTD to USD 1.1 bln, exceeding loans to corporations, which grew 35% to USD 0.9 bln.

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