10 UAE national banks post $2.1bln Q1 net profit

10 UAE national banks post $2.1bln Q1 net profit

ABU DHABI- Eleven UAE national banks have reported circa AED7.74 billion Q1'21 net profit, a growth of 9.6 percent over the same period last year.

According to data issued by the these banks, six ADX-listed banks booked around AED4 bn in profits during the first three months of the year, compared to AED2.967 bn over the same period in 2020.