Abu Dhabi-Mubasher: Abu Dhabi Commercial Bank (ADCB) posted 12% decline in its second-quarter profits, according to a bourse statement.
Profits reached AED 1.13 billion ($306 million) in Q2-16, compared to AED 1.28 billion ($348 million) in Q2-15.
Profits reached AED 2.15 billion in the first half of 2016, compared to AED 2.53 billion in the prior-year period.
Provisions rose 116% to AED 703.03 million in H1-16, compared to AED 325.208 million in H1-15.
