Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) on Monday reported a 16% year-on-year rise in its profits for the third quarter of 2018, logging AED 3 billion.
From January to September, the UAE’s largest bank posted a net profit of AED 9.1 billion, up 12% from the same period last year.
The bank’s operating income reached AED 14.6 billion for the first nine months of 2018, registering a 1% increase from the same period last year, including exceptional investment earnings of AED 400 million.
During the first half of 2018, the bank posted a net profit of AED 6.1 billion, up 10% from the second half of 2017
