Abu Dhabi – Mubasher: Invest Bank posted on Monday a net profit of AED 83.8 million ($22.81 million) for the second quarter of the fiscal year 2016, 14% down from AED 97.4 million ($26.51 million) reported for Q2-15.
In the first half of fiscal 2016, net profit declined 12.4% to AED 169.23 million, compared to AED 193.11 million reached in the same period in 2015, according to a bourse filing.
The bank earlier reported a net profit of AED 85.43 million for Q1-16, falling 10.7% from AED 95.71 million posted for Q1-15.
