Mashreq's net interest income and income from Islamic financing in the second quarter jumped 84.4 per cent annually to Dh1.8 billion. Chris Whiteoak / The National
Mashreq's net interest income and income from Islamic financing in the second quarter jumped 84.4 per cent annually to Dh1.8 billion. Chris Whiteoak / The National

Business

Banking

Mashreq’s second quarter profit more than doubles on lower impairments

Lender reports $517 million in net profit for the three-month period

Fareed Rahman
Fareed Rahman

July 26, 2023