Business Bureau, Gulf Today The Abu Dhabi Commercial Bank (ADCB) on Monday reported its financial results for the first quarter of 2019. The results are for the standalone ADCB entity for the first quarter of 2019, prior to the merger with Union National Bank and the subsequent acquisition of Al Hilal Bank. According to the bank annoucement, strong operating performance underpinned by robust growth in gross interest and Islamic financing income and non-interest income. Gross interest and Islamic financing income of increased 17 per cent at Dhs3.116 billion; net interest and Islamic financing income hit Dhs1.707 billion; non-interest income rose 8 per cent at Dhs566 million. Net fees and commission income also went up by 8 per cent at Dhs379 million, while, operating expenses went up three per cent at Dhs793 million, mainly attributable to ongoing investments in digital transformation initiatives and integration related expenses.