Dubai – Mubasher: Emirates Investment Bank achieved a net profit of AED 21.5 million over the first nine-month period in 2019, down from AED 32.77 million in the same period a year earlier, increasing by 52.4%.
Total comprehensive income registered AED 30.37 million in the period ended 30 September when compared to AED 29.65 million a year earlier, according to a press release on Thursday.
Total assets under the bank’s management stood at AED 7.56 billion in the first nine-month period of the same year, while registering AED 9.69 billion a year earlier.
During the second quarter of 2019, the bank posted a 0.9% increase in net profit at AED 11.92 million, compared to AED 11.81 million in Q2-18.
