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Bank of Sharjah reports Dh120 million pre-provision Q2 net profit
Bank of Sharjah Group has reported a pre-provision net profit of Dh120 million. Upon application of Dh587 million as 'hyperinflation effect' linked to operations of its Lebanese subsidiary Emirates Lebanon Bank (ELBank), the Group recognized a net loss of Dh467 million and a total comprehensive loss of Dh447 million versus…
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Click here to read the full story: Gulf News