Dubai: Invest Bank said on Monday its net profit rose 5 per cent in the three months to March.
Net profit in the March quarter rose to Dh90 million from Dh85 million in the same period last year.
Operating income rose to Dh178 million in the first quarter to March from Dh193 million in the first quarter of last year.
Invest Bank has grown to sixteen branches and two off-site ATMs in UAE and first overseas branch in Beirut, Lebanon, which commenced operations in January 2014.
Invest Bank is the first UAE bank to open a branch in Lebanon as part of its expansion plans.
