Dubai – Mubasher: Emirates Investment Bank has achieved net profits attributable to the equity holders of AED 24.587 million in the first nine months of 2021, against net losses of AED 28.169 million in the year-ago period, according to the bank's consolidated interim financials for the nine-month period ended 30 September 2021.

The bank's net interest and investment income increased to AED 55.421 million in the January-September period of 2021 from AED 24.078 million in the corresponding period of 2020.

The bank's assets increased to AED 2.869 billion as of 30 September 2021 from AED 2.483 billion as of 31 December 2020.

The basic and diluted earnings per share (EPS) stood at AED 35.12 in the first nine months of 2021, against losses per share of AED 40.24 in the year-ago period.

It is noteworthy to mention that during the first half (H1) of 2021, the bank recorded net profits attributable to the equity holders of AED 14.351 million, against net losses of AED 20.865 million in the same period of 2020.