13/07/2017 05:59 AST

InvestBank achieved positive results during the first half of this year as its net profits rose by 5.14 per cent to Dhs177.9 million, up from Dhs169.23 million during the corresponding period of 2016.

The financial data showed that the bank’s profits grew by 5.34 per cent to Dhs88.27 million during the second quarter of this year, compared with Dhs83.8 million during the corresponding period of 2016.

The bank’s total assets by the end of June 2017 reached around Dhs16.42 billion compared with Dhs16.12 billion during the same period last year, while its operational income reached Dhs347 million by the end of the first half of this year including Dhs196.26 million in the second quarter.

The Gulf Today

Investbank acquires stakes in Amanat Holdings


Investbank has affirmed that it has acquired 405 million stocks in Amanat Holdings on behalf of TC Blitz, listed in Abu Dhabi Stock Exchange.

The bank reported in a separate statement to

The Gulf Today

Invest bank registers Dhs90m profit


Invest bank has posted a net profit of Dhs90 million by the end of the first quarter of 2017, recording an increase of 5 per cent over the corresponding period of 2016.

The bank recorded

The Gulf Today

Invest bank posts Dhs271.7 million profit by year-end


Invest bank posted a net profit of Dhs271.7 million by the end of 2016, up by 8 per cent over 2015. The bank posted an operational income of Dhs741 million, while its net operational profit reached D

The Gulf Today

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