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UAE’s ADCB posts Q3 2020 net profit of Dhs1.3bn; down 3% y-on-y

Abu Dhabi Commercial Bank  reported Q3 2020 net profits of Dhs1.366bn, which were 3 per cent lower year-on-year, although it was up 11 per cent quarter-on-quarter. It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year….

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