Abu Dhabi - Mubasher: Commercial Bank International (CBI) posted a net profit of AED 24.16 million ($6.6 million) in the fourth quarter of 2016, versus losses of AED 463.2 million ($126.1 million) in the same period the year before.
Profits totalled AED 125 million in 2016 compared to losses of AED 466.56 million, according to the company’s statement to the Abu Dhabi Securities Exchange (ADX) on Tuesday.
