Dubai – Mubasher: The net profits of Emirates Investment Bank dipped to AED 8.851 million in 2019 from AED 38.710 million in 2018, according to preliminary financial results for 2019.
The bank generated AED 175.730 million revenues last year, compared to AED 190.015 million in 2018.
Furthermore, the earnings per share (EPS) recorded AED 12.64 in 2019 from AED 52.79 in the prior year.
Noteworthy to mention, during the first nine months of 2019, the bank achieved a net profit of AED 21.5 million, down from AED 32.77 million in the same period a year earlier.
