Abu Dhabi – Mubasher: First Abu Dhabi Bank’s (FAB) net profit grew 19% year-on-year in the second quarter of 2018, recording AED 3.1 billion.

The lender’s net profit increased to AED 6.1 billion in the first six months of the year, up 10% from the year-ago period, according to a bank statement.

Meanwhile, operating income reached AED 9.8 billion in the period between January and June.

The Abu Dhabi-listed bank’s net profit rose 2% year-on-year to AED 3 billion in the first quarter of 2018.