Abu Dhabi – Mubasher: The net profit of the Commercial Bank International (CBI) decreased by 48.5% to AED 72.6 million over the nine-month period ended 30 September from AED 141 million a year earlier.
Net operating income levelled down by 7% to AED 576 million compared to AED 622 million in the same period in 2018, according to a bourse filing on Tuesday.
Meanwhile, the bank’s capital adequacy ratio remained stable at 15%.
During the first six months of 2019, the bank’s net profit stood at AED 41 million, versus AED 81 million in the same period a year ago.
