Mubasher: First Gulf Bank (FGB) posted a growth of 31% year-on-year in its profits during the third quarter of 2016, according to a statement.
Net profits reached AED 1.86 billion ($506 million) in Q3-16, compared to AED 1.42 billion ($386 million) in the same period last year.
In the first nine months of 2016, profits rose 5% to AED 4.50 billion from AED 4.28 billion.
Earnings per share (EPS) reached 98 fils in the nine-month period of 2016, compared to 93 fils in the same period of 2015.
