Emirates Islamic Bank turns profitable in the third quarter of 2021 with 236 million dirhams | latest news

Emirates Islamic Bank turns profitable in the third quarter of 2021 with 236 million dirhams | latest news
Emirates Islamic Bank turns profitable in the third quarter of 2021 with 236 million dirhams | latest news

Emirates Islamic Bank achieved a net profit in the third quarter of this year of 236 million dirhams, compared to a net loss incurred by the bank in the same period of the previous year, which amounted to 323 million dirhams.

The bank also achieved a net profit in the first nine months of this year of 804 million dirhams, compared to net losses incurred in the same period of the previous year amounting to 311 million dirhams.

The bank’s provisions in the first nine months of this year decreased by 83% on an annual basis, reaching 186 million dirhams.

Source

Emirates Islamic Bank turns profitable quarter million dirhams latest news

 
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