CBI’s non-funded income from AED 62 Mn in 3Q23 to AED 196 Mn in 3Q24, mainly due to the one-off gains from the sale of non-financial assets. The Bank’s recorded gains from the sale of non-financial assets of AED 148 Mn, compared to AED 4 Mn in 3Q23. Net advances grew 8.4% YOY and 3.2% QOQ to AED 13 Bn in 3Q24 owing to an increase in Islamic financing and Investment products.

Net advances grew 1.9% YOY and 2.6% QOQ to AED 13 Bn in 2Q24 owing to an increase in Islamic financing and Investment products.

Commercial Bank International's (“CBI”/ “The Bank”) net profit recorded 9.4% YOY growth from AED 33 Mn in 1Q23 to AED 36 Mn in 1Q24, in line with our estimate of AED 37 Mn.

Commercial Bank International's (“CBI”/ “The Bank”) net profit decline from AED 50 Mn in 4Q22 to AED 30 Mn in 4Q23, lower than our estimate of AED 40 Mn.

Commercial Bank International's (“CBI”/ “The Bank”) net profit grew from AED 11 Mn in 3Q22 to AED 46 Mn in 3Q23, in line with our estimate of AED 49 Mn.

Commercial Bank International's (“CBI”/ “The Bank”) net profit grew from AED 35 Mn in 2Q22 to AED 45 Mn in 2Q23, higher than our estimate of AED 35 Mn.

Commercial Bank International (“CBI”/ “The Bank”) net profit grew significantly from AED 21 Mn in 1Q22 to AED 33 Mn in 1Q23, high-er than our estimate of AED 28 Mn.

Commercial Bank International’s (“CBI”/ “The Bank”) net profit de-clined significantly from AED 165 Mn in 4Q21 to AED 50 Mn in 4Q22, higher than our estimate of AED 28 Mn.

Commercial Bank International’s (“CBI”/ “The Bank”) net profit de-clined significantly from AED 25 Mn in 3Q21 to AED 11 Mn in 3Q22, lower than our estimate of AED 58 Mn.