Media ININ Economy We Trust
Media in – Dubai 9 August 2018 /
During the second quarter of 2008, Emirates Investment Bank posted a 33.3% growth in net profit to AED 11.81 million compared to AED 8.86 million in the second quarter of 2017. Net profit for the first half of 2018 increased by 5.6% to AED 26.85 million compared to AED 25.43 million in the first half of last year. “During the first six months of 2018, Emirates Investment Bank continued to maintain its positive performance with good financial results across its various segments, and we continued to strengthen our portfolio of products and services to provide our customers with banking solutions that meet their personal needs and expectations,” said Khalid Safri, CEO of Emirates Investment Bank. “We have made significant deals in two vital sectors in the GCC region: health care, food and beverages. Despite the current economic challenges and unfavorable market conditions, our private banking team has maintained its momentum, achieving a good growth in managed assets .
