Commercial Bank International posts $12.82mln net profit in Q1 2026

Zawya
2026.05.01 02:56
portai
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Commercial Bank International (CBI) reported a net profit of AED47.1 million ($12.82 million) for Q1 2026, a 14% increase in pre-tax profit to AED52.1 million, and a 7% rise in net interest income to AED104 million. Total assets grew to AED22.1 billion, with customer deposits at AED16.4 billion, both reflecting a 7% annual increase. CEO Ali Sultan Rakkad Al Amri highlighted the bank's transformation journey and improved financial indicators as signs of a more efficient business model.