Abu Dhabi - Mubasher: Abu Dhabi Commercial Bank (ADCB) reported a 16% decline in profits in the third quarter of 2016 to AED 1.006 billion ($273.8 million) from AED 1.204 billion ($327.7 million) in the third quarter of last year.

Net profits totalled AED 3.153 billion in the first nine months of 2016, compared to AED 3.736 billion in the same period last year.