Mubasher: Ahli United Bank (AUB) achieved an increase of 8.4% in profits during the third quarter of 2018 compared to the corresponding three months in 2017, according to a bourse disclosure on Monday.

Earnings of AUB, which is listed on both Bahrain Bourse (BHB) and Boursa Kuwait, grew to $185.62 million in Q3-18 from $171.26 million in Q3-17.

Net operating income increased by $275.09 million in Q3-18.

During the first nine months of 2018, AUB recorded a profit of $572.09 million compared to $510.53 million in the same period a year ago.