Financial Results
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Lower revenues, higher provisions hit National Bank of Abu Dhabi profits
National Bank of Abu Dhabi , the United Arab Emirates's largest lender by assets, reported a 24.5 percent drop in fourth-quarter net profit on Wednesday, hit by higher provisions and lower revenues. The bank, or NBAD, made a net profit of 1.04 billion dirhams $282.1 million in the three months…
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Click here to read the full story: Reuters