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Adib Q1 profit up 20.4% on higher lending

Pots net profit of Dh409.5m, driven by 18.1% lending growth. Abu Dhabi Islamic Bank, the largest Shariah-compliant lender in the emirate, met analysts’ expectations as it announced a 20.4 per cent rise in Q1 net profits on Monday, with higher lending cited for the increase. The lender, which said earlier…

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