Dubai - Mubasher: Mashreq Bank’s board of directors will discuss on 12 April the financial statements of the first quarter of 2017, according to a press release.
The bank announced in January 2017 that it achieved net profits of AED 1.93 billion in 2016, compared to AED 2.40 billion in 2015, showing a drop of 20%.
The financial statements of the bank showed a decline of 21% in net profits in Q4-16, reaching AED 441 million.