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DIB profits surge to AED 2.8bn in 9M

DIB profits surge to AED 2.8bn in 9M
Photo Credit: Arabianeye-Reuters
DIB
DIB
0.97% 9.35 0.09

Dubai-Mubasher: Dubai Islamic Bank (DIB) posted a 36% profit leap in the first nine months of 2015 to AED 2.8 billion ($762 million), compared to AED 2.06 billion ($561 million) in the same period a year ago.

Financials showed a 38.4% jump in profits to AED 723 million year-on-year in Q3-15, according to a bourse filing on Wednesday.

DIB previously reported a surge by 35% in its net profits to AED 1.801 billion in H1-15, a rise from AED 1.337 billion in the same period in 2014.