Abu Dhabi – Mubasher: Commercial Bank International (CBI) turned profitable in the third quarter of 2016, according to a statement.
Net profits reached AED 32.15 million ($8.75 million) in Q3-16, against losses of AED 28.60 million ($7.79 million) in Q3-15.
The company generated profits of AED 100.84 million in the first nine months of 2016, versus losses of AED 3.34 million in the prior-year period.