Commercial Bank of Dubai reports $144mln in H1 net profit – ZAWYA

Commercial Bank of Dubai reports $144mln in H1 net profit – ZAWYA

commercial bank of dubai reports $144mln in h1 net profit the bank reported a total operating income of dh1.411 billion in h1, down from dh1.51 billion reported in the same 2019 period    commercial bank of dubai building external at night.commercial bank of dubai (cbd) on sunday reported a net profit of dh530.43 million ($144.43 million) for the first half of 2020, down 24.35 per cent compared to dh701.15 million recorded in the same 2019 period.in a consolidated interim statement, the bank reported a total operating income of dh1.411 billion in h1, down from dh1.51 billion reported in the same 2019 period. total net income in the first half was dh916.75 million as against dh1.129 billion in the same period last year.in the second quarter, cbd posted dh215.1 million in net profit as against dh361.09 million in the corresponding 2019 period. total operating income for the second quarter dropped to dh655.32 million year-on-year from dh736.24 million.in a consolidated interim statement, the bank reported a total operating income of dh1.411 billion in h1, down from dh1.51 billion reported in the same 2019 period. total net income in the first half was dh916.75 million as against dh1.129 billion in the same period