Arab African International Bank first-half net profit reaches $106.1mln

The African Arab International Bank (AAIB) has achieved a net profit of $106.1 million in the first half of 2023, according to its financial statement published on Thursday.

AAIB also obtained a net income from fees and commissions of $ 46 million, the bank’s financial statement showed, highlighting its net revenue of $ 226.5 million in the first half of 2023.