Retail Banking
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Emirates NBD closes eight branches, slashes wage bill
Emirates NBD, Dubai's largest bank by market value, closed eight branches, removed 65 ATMs and slashed its wage bill by AED20m (US$5.4m) during the third quarter of 2012 as part of a wider move to cut costs. The lender, 55.6 percent owned by state fund Investment Corporation of Dubai, reported…
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Click here to read the full story: Arabian Business