Emirates NBD, EIB’s board to meet on July 18

Dubai: Emirates NBD, and Emirates Islamic Bank said on Sunday their board will meet on July 18 to discuss and approve the second quarter results.

The board will also discuss “other business,” according to the statements posted on Dubai Financial Market’s website.

The bank posted a 4 per cent rise in net profit of Dh1.87 billion in the April qyarter.

Total income of Dh3.6 billion, up 4 per cent quarter on quarter and declined 7 per cent year on year due to lower gains from the sale of investments.