Abu Dhabi Commercial Bank Q4 net profit rises 16 pct

January 31, 2016 11:02 AM

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DUBAI Jan 31 Abu Dhabi Commercial Bank (ADCB) on Sunday posted a 16 percent rise in fourth-quarter net profit.

The emirate's third largest bank by assets made a net profit attributable to shareholders of 1.19 billion dirhams ($324 million) in the three months to Dec. 31, compared to 1.02 billion dirhams in the corresponding period of the previous year, it said in a bourse statement.

Also read: Abu Dhabi Commercial Bank Q3 net profit falls 17 pct

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