AUB Bank profits rise to $87m.

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* Ahli United Bank (AUB) has announced a net profit of $87. I in for the financial year ending December 31, 2003, representing an increase of 46% or $59.7m over the same period in 2002. Gross operating income during the same period was $195.4m, compared with $163m in 2002, despite downward pressure on interest rates. Net interest income rose by 16% over the same period last year. Fees and other income, excluding gains on the sale of non-trading investments, grew by over 26% to $73.6m, compared with $58.4m in...

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