Dubai – Mubasher: Emirates Investment Bank on Sunday disclosed its financial results for the first nine months of 2017 which showed a 74% rise in net profits to AED 44.38 million, up from AED 25.51 million in the comparative period of 2016.
The Dubai-listed bank’s profits grew 48.4% to AED 18.94 million ($5.15 million) in the third quarter of 2017, compared to AED 12.76 million ($3.47 million) in the year-ago period, according to a company statement.
“As we continue into the final quarter of 2017, our focus remains on further broadening our private banking solutions, to better serve our clients,” said Khaled Sifri, Emirates Investment Bank's CEO.
“Today, our approach is more holistic than ever, providing clients with access to a broad set of bespoke offerings that accommodate their changing needs,” the top official added.
