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Arab Bank group Q1 net profit drops 36% to $147.6mln – statement
Jordan's largest lender, said on Wednesday its first-quarter net profit dropped 36 % to $147.6 million, compared to $231.8 million a year earlier, but loans and customer deposits continued to grow. The bank, one of the Middle East's major financial institutions, said in a statement loans grew 2 percent to…
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