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25/04/2017 05:45 AST
Invest bank has posted a net profit of Dhs90 million by the end of the first quarter of 2017, recording an increase of 5 per cent over the corresponding period of 2016.
The bank recorded an operational income of Dhs178 million, while its net operational profits reached Dhs143 million, up by 9 per cent over the same period of 2016.
The bank's total net interest income reached Dhs124 million, while its income excluding interest reached Dhs54 million. Total assets stood at Dhs16.1 billion while total liabilities reached Dhs13.2 billion.
According to a statement by the bank, total loans and advances reached Dhs11.9 billion, the same as those recorded in December 2016, while customers' deposits totaled Dhs12.3 billion, recording an increase of 1 per cent over the end of 2016. Shareholders' equity totaled Dhs2.9 billion by the end of the first quarter of 2017.
The Gulf Today
16/11/2017
Investbank has affirmed that it has acquired 405 million stocks in Amanat Holdings on behalf of TC Blitz, listed in Abu Dhabi Stock Exchange.
The bank reported in a separate statement to
The Gulf Today
13/07/2017
InvestBank achieved positive results during the first half of this year as its net profits rose by 5.14 per cent to Dhs177.9 million, up from Dhs169.23 million during the corresponding period of 2016
The Gulf Today
13/02/2017
Invest bank posted a net profit of Dhs271.7 million by the end of 2016, up by 8 per cent over 2015. The bank posted an operational income of Dhs741 million, while its net operational profit reached D
The Gulf Today
Ticker | Price | Volume |
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Ticker | Price | Change |
---|---|---|
IHC | 401.20 | -0.10 (-0.03 |
FAB | 13.54 | -0.08 (-0.59 |
EMIRATESNBD | 19.55 | 0.10 (0.51 |
ADCB | 10.58 | -0.02 (-0.19 |
EIB | 12.25 | 0.00 (0.00 |
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