UPDATE 1-First Abu Dhabi Bank Q1 profit buoyed by forex, investment income - Reuters

UPDATE 1-First Abu Dhabi Bank Q1 profit buoyed by forex, investment income - Reuters:

First Abu Dhabi Bank , the largest bank in the United Arab Emirates, on Monday reported a 3.6 percent rise in first quarter profit driven by higher foreign exchange and investment income.

FAB made a net profit of 3.11 billion dirhams ($846.79 million) in the three months ending March 31, up from 3.0 billion a year earlier, it said in a statement.

SICO Bahrain had projected a net profit of 3.067 billion dirhams for the lender.