earnings "International trade" It rises 19% to 40.4 million dirhams in the first quarter of 2024
Abu Dhabi, 2 May / WAM / Commercial International Bank announced its financial results for the first quarter of 2024, as net profits before tax increased by 19% from 34 million dirhams in the first quarter of 2023 to 40.4 million dirhams in the first quarter of 2024.
The bank revealed, in a statement today, that the value of customer deposits, including current and savings accounts, increased by 2% from 12.5 billion dirhams in the first quarter of 2023 to 12.7 billion dirhams in the first quarter of 2024.
Ali Sultan Rakad Al Ameri, CEO of Commercial International Bank, said: “Our business strategy that focuses on serving our customers led to an increase in our profits on an annual basis in the first quarter of this year, and we are proud of our ability to keep pace with our customers’ changing needs and employ innovative solutions to constantly enhance our services.”
He added, “By leveraging innovation, we strive to provide an outstanding experience to our customers while achieving strong business growth. From now on, we will remain fully committed to contributing to enhancing the growth of the UAE’s economy, and we are proud to support our customers’ aspirations.”
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