Emirates Investment posts 26% jump in Q1 income

May 1, 2014 11:07 am

Emirates Investment Bank has said its net profit for the first quarter of this year jumped 26% to Dhs19.5m, compared with Dhs15.4m recorded in the same quarter in 2013, Khaleej Times has reported. Customer deposits rose 22% to Dhs2.05bn, over the Dhs1.68bn recorded in December 2013. Total assets under management increased by 42% to Dhs6.04bn, compared to the Dhs4.26bn posted in December 2013.