Dubai's Emirates NBD H1 net profit up 17% to $1.3bln
Dubai’s biggest bank Emirates NBD said its net profit rose 17 percent to 4.8 billion dirhams ($1.3 billion) as a recovery in economic conditions led to higher retail lending and improvement in the cost of risk. Total income, however, fell 9 percent year-on year (y-o-y) to 11.5 billion dirhams, the…
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