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Mashreq Expects Consumer Bank Profit Surge on Wealth, SMEs
Mashreqbank PSC, Dubai’s third-biggest lender, expects its consumer business profit to double this year, driven by the wealth and small companies segments as the United Arab Emirates’ economy rebounds. Profit in the consumer arm may rise to about 1 billion dirhams in 2014 from 450 million dirhams last year, and…
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Click here to read the full story: Bloomberg Business Week