Mubasher: Arab Banking Corporation (ABC) has achieved an increase of 3.7% in net profits attributed to shareholders during the first quarter of 2019 compared to the same period a year ago.

Net profit to shareholders grew to $55 million in Q1-19 from $53 million in Q1-18, according to a bourse disclosure on Wednesday.

Net operating income surged to $204 million in the first three months of 2019 from $199 million in Q1-18.