The Dubai-listed firm, which serves HNW individuals, reported nine-month financial results.

United Arab Emirates-based private bank Emirates Investment Bank yesterday reported that it made a net profit of AED 21.50 million for the nine-month period ending on 30 September, down from AED32.77 million a year earlier.

Total assets under EIB’s management, as at 30 September, stood at AED7.56 billion (FY 2018: AED9.69 billion)

The Dubai-listed firm serves a range of high net worth individuals across a number of jurisdictions.