DIB posts AED3,011mn net profit

DUBAI / WAM

Dubai Islamic Bank (DIB) on Monday announced its results for the period ended September 30, with a group net profit increased to AED3,011mn, up 7% compared with AED2,801mn for the same period in 2015.
Mohammed Ibrahim Al Shaibani, Chairman of Dubai Islamic Bank, said, “Despite somewhat difficult times for the global economy, the UAE economy and banking sector continues to remain resilient with healthy profitability.”