Abu Dhabi – Mubasher: Commercial Bank International (CBI) has achieved net profits attributable to the owners of AED 68.232 million during the first half (H1) of 2021, against AED 15.793 million in the year-ago period, according to the bank's interim financials for the six months period ended 30 June 2021.

The bank's net interest income and income from Islamic financing and investing assets decreased to AED 183.661 million in the first six months of 2021 from AED 235.217 million in the same period of 2020.

Meanwhile, the bank's net operating income amounted to AED 261.978 million in H1-21, down from AED 352.135 million in H1-20.

The basic and diluted earnings per share (EPS) settled at AED 0.039 in the January-June period of 2021, versus AED 0.009 in the corresponding period of 2020.

The CEO of Commercial Bank International, Ali Sultan Rakkad Al Amri, said: "As a result of our focus on generating revenue growth, continued cost efficiency improvements and reducing our Impairment charges, we have delivered AED 27 million net profit in the second quarter."