Abu Dhabi – Mubasher: Commercial Bank International (CBI) posted a 1.21% year-on-year decline in its profits during the second quarter of 2017, according to a statement.

Profits reached AED 31.76 million ($8.6 million) in Q2-17, compared to AED 32.15 million in Q2-16.

In the first half of 2017, the bank posted a 23.6% decline in its profits to AED 52.48 million from AED 68.69 million in the prior-year period.

Earnings per share (EPS) reached 22 fils in H1-17, compared to 31 fils in H1-16.