Financial Results
Retail Banking
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Higher impairments squeeze Abu Dhabi lenders
Performance of leading Abu Dhabi based banks in the third quarter were clouded by the relatively higher cost of funds and increased delinquencies. National Bank of Abu Dhabi reported net profits of Dh1.32 billion for the third quarter of this year, flat year-over-year and down 4 per cent sequentially. During…
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Click here to read the full story: Gulf News