The financial statements of Abu Dhabi Islamic Bank showed an increase in the bank's profits in the first quarter of this year by 18% year on year.
According to the bank's results for the Abu Dhabi Financial Market, today, Thursday, the profits for the period amounted to 715 million dirhams, compared to the profits for the same period in 2021, which amounted to 608 million dirhams.
The bank said in a statement to the stock exchange that the period witnessed an increase in the bank's operating income from non-financing activities by 12% on an annual basis to reach 620 million dirhams, compared to 551 million dirhams, which amounted to 620 million dirhams. in the first quarter of 2021.
The bank also achieved a growth of 9% in customer financing and 8% in deposits during the last quarter.
