Société Arabe Internationale de Banque S.A.E reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 33.52 million compared to USD 35.59 million a year ago. Net income was USD 6.57 million compared to USD 8.33 million a year ago.
For the six months, net interest income was USD 67.3 million compared to USD 67.16 million a year ago. Net income was USD 12.13 million compared to USD 16 million a year ago. Basic earnings per share from continuing operations was USD 0.3664 compared to USD 0.4853 a year ago.