Invest Bank profits up 5.4% in Q2

Abu Dhabi – Mubasher: Invest Bank posted a 5.4% year-on-year rise in its profits during the second quarter of 2017, according to a bourse statement.

Profits reached AED 88.28 million ($24.03 million) in Q2-17, compared to AED 83.8 million ($22.81 million) in Q2-16.

In the first half of 2017, profits rose 5.2% to AED 177.94 million from AED 169.23 million in the same period of 2016.

The bank posted profits of AED 89.7 million in Q1-17, compared to AED 85.43 million in Q1-16.

Mubasher Contribution Time: 12-Jul-2017 09:12 (GMT)
Mubasher Last Update Time: 12-Jul-2017 09:37 (GMT)