Dubai – Mubasher: Dubai Islamic Bank (DIB) saw a 0.5% year-on-year increase in its profits during the third quarter of 2016, according to a bourse statement.
Net profits reached AED 1.006 billion ($273.81 million) in Q3-16, compared to AED 1.001 billion ($272.45 million) in Q3-15.
The banks generated net profits of AED 3.01 billion in the first nine months of 2016, a growth of 7.5% from AED 2.80 billion in the same period of 2015.
Total revenues rose to AED 6.41 billion during the nine-month period of 2016, compared to AED 5.53 billion in the same period of 2015.
