Structured products buoy Emirates results

Emirates Bank Group (EBG) attributed growth in its treasury business to increased structured product activity, in its third quarter results. In a statement issued yesterday, the group said its treasury activity had increased in local and regional markets with greater sales of structured products to meet the increasingly sophisticated demands of corporate customers.EBG recorded a net profit of AED1,152m (£176m) for the nine months ending 30 September 2005, up 96.2% from AED 587m (£90m) earned ove