Abu Dhabi – Mubasher: Abu Dhabi Commercial Bank (ADCB) posted a 16.5% year-on-year decline during the third quarter of 2016, according to a bourse statement.
Net profits reached AED 1.006 billion ($274.81 million) in Q3-16, compared to AED 1.204 billion ($327.7 million) in Q3-15.
In the first nine months of 2016, net profits declined 15.8% to AED 3.15 billion from AED 3.74 billion in the prior-year period.
