Commercial and Islamic banks operating in the Emirate of Abu Dhabi achieved a net income of approximately 40.3 billion dirhams during 2019.
According to the Emirates News Agency, the combined figures of Abu Dhabi Commercial Banks activity showed that the value of the benefits they generated from the interests amounted to approximately 21.72 billion dirhams, constituting 53.9% of the total income they achieved during the past year.
The value of the emirate’s banks ’returns on investment amounted to approximately 7.93 billion dirhams, which constituted 19.6% of the total income, while the rest of the income came from other sources in addition to the income of Islamic banks.
The first quarter of the year 2019 witnessed a remarkable activity in terms of the value of income generated by Abu Dhabi banks, amounting to 10.36 billion dirhams, while in the second quarter it reached about 9.6 billion dirhams, then it rose to 10.24 billion dirhams in the third quarter and 10.082 billion dirhams in the quarter The last of the year.
