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Abu Dhabi Islamic Bank-Egypt’s (ADIB) capital adequacy rate rose to 10.4% to comply with Basel II standards. The value of the bank’s capital shares reached EGP 2 billion and the reserves reached EGP 65.400 million, according to the lender’s latest data.
The bank’s loans, credit facilities and regular liabilities loss (impairment) provision reached EGP 47.8 million. The bank received a supportive loan worth EGP 180.77 million.
The value of the bank’s capital base reached EGP 702.1 million; a first segment of EGP 448.8 million and a second segment of EGP 253.3 million.
The bank’s assets fell to EGP 14.201 billion at the end of last March, compared to EGP 14.654 billion at the end of 2012, registering a drop of EGP 363 million.
