Abu Dhabi – Mubasher: Abu Dhabi Commercial Bank (ADCB) on Sunday reported a 3% rise in net profits to AED 4.3 billion in 2017, compared to AED 4.1 billion in 2016

Similarly, its operating revenues grew 5% to AED 8.90 billion during 2017, from AED 8.50 billion in the year earlier, the bank said in a statement to the Abu Dhabi Securities Exchange (ADX).

At the level of the final quarter of 2017, ADCB's net profits registered a 6.7% growth to AED 1.072 billion ($291.83 million) from AED 1.004 billion ($273.46 million) during Q4-16.

ADCB’s assets rose 3% to AED 265 billion during Q4-17, from AED 258.3 billion in the same period in the year before, the statement showed.