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25 April 2024

Dh85.6m profit posted by InvestBank

Dh85.6m profit posted by InvestBank. (EB FILE)

Published
By Staff Writer

Sharjah based InvestBank has posted a net profit of Dh85.6 million, while the operating income of the bank stood at Dh117.2m in the first quarter of this year, a company statement said.

The bank's revenues generated from internet reached to Dh78.3m, while the non-interest income stood at Dh39 million.

The bank's total assets reached Dh9.5bn, while the total liabilities reached to Dh7.7bn and shareholders' equity reached to Dh1.8bn, the statement said.