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UAB Q3 profit hits Dh50 million on lower provisions
The United Arab Bank posted Dh50 million net profit in the third quarter of 2017, primarily driven by growth in non-interest income and reduction in provision charges. Provision for credit losses for the nine months was Dh210 million, 37 per cent lower than the same period in 2016, given prudent…
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Click here to read the full story: Khaleej Times