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16/02/2018 06:10 AST
Emirates Investment Bank said on Thursday its total assets under management fell 9.5 per cent to Dh10.53 billion compared to Dh11.63 billion in the year-earlier period.
The investment bank reported a 66.8 per cent rise in net profit to Dh56.52 million.
"2017 was a positive year for Emirates Investment Bank despite the ongoing uncertainty in regional markets. Our strategy to further expand our offerings continued to pay off, resulting in steady growth in our net profit and a healthy level of activity across the business. Delivering the best value to our clients remains a key focus for us, and we are constantly looking for opportunities to bring to them that could help achieve their financial objectives," Khaled Sifri, CEO of Emirates Investment Bank, said.
Gulf News
16/01/2018
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced its full-year financial results for 2017, with the bank reporting the highest ever recorded net profit
Press Release
05/12/2017
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its Personal Finance Sale, enabling customers to benefit from discounted profit rates starting from 2.79 per
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26/11/2017
Emirates Islamic is targeting balance sheet growth and improved profitability along with digitisation. In fact, these two objectives are complementary, according to Wasim Saifi, Deputy CEO, Consumer
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.10 | 0.10 (0.02 |
| FAB | 16.40 | 0.10 (0.61 |
| EMIRATESNBD | 27.35 | 0.00 (0.00 |
| ADCB | 15.18 | 0.34 (2.29 |
| ADIB | 22.18 | 0.06 (0.27 |
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