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Financial Results
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NBAD posts higher profit on low expenses and impairments
National Bank of Abu Dhabi (NBAD), which is merging with Abu Dhabi lender FGB, reported a 28 per cent rise in fourth-quarter net profit on Tuesday on lower expenses and impairment charges, beating analysts’ expectations. NBAD made a profit of Dh1.33 billion in the three months to December 31, it…
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