Société Arabe Internationale de Banque S.A.E reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 36.07 million compared to USD 38.87 million a year ago. Net income was USD 6.91 million compared to USD 10.47 million a year ago.
For the nine months, net interest income was USD 103.36 million compared to USD 106.03 million a year ago. Net income was USD 19.05 million compared to USD 26.48 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.8 a year ago.