Financial Results
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United Arab Bank reports financial results for the quarter ending 31st March 2023
Q1 2023 Highlights 80% increase in Q1 2023 Net Profit compared to Q1 2022 Net Interest income increased by 38% compared to prior year Total Income improving by 5% (YoY) Provisions reduced by 91% in Q1 2023 compared to Q1 2022 Successful issuance of AT1 Capital Instrument of USD 150…
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Source: United Arab Bank P.J.S.C.