(Source: Mashreq Bank PSC) Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the year ending 31st December 2015. Key highlights [2015 vs 2014]: Stable growth in Operating Income Operating Income up 2.3% year-on-year to AED 6.0 billion driven by strong growth in Net Interest Income Net Interest Income up by 7.3% year-on-year, on the back of a 9.0% y-o-y increase in average loan volume Net profit for 2015 stood at AED 2.4 billion Consistently high proportion of net fee and commission income Mashreq's best-in-class Net Fee, Commission, Investment and Other Income to operating income ratio remained high at 45.4% Net Fee and Commission...
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