Abu Dhabi – Mubasher: Invest Bank posted a 5% year-on-year growth in its profits during the first quarter of 2017, according to a bourse statement.
Profits reached AED 89.7 million ($24.4 million) in Q1-17, compared to AED 85.43 million ($23.25 million) in Q1-16.
Net impairment losses fell to AED 35.3 million in Q1-17, compared to AED 61.8 million in Q1-16.
