Financial Results
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Dubai’s biggest lender Emirates NBD posts 51% rise in Q3 net profit
Emirates NBD, Dubai’s biggest lender, has posted a 25% year-on-year (YoY) rise in net profit on the back of strong lending growth and high interest rates. Its Q3 net profit rose 51% YoY to AED3.8 billion, exceeding the $1 billion equivalent, while net interest income was 37% higher, driven by…
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