Financial Results
Retail Banking
Uncategorized
Abu Dhabi Commercial Bank Q2 net profit falls 15% as impairments rise
Abu Dhabi Commercial Bank ADCB.AD posted a 15% drop in second-quarter net profit due to higher impairment costs, including to cover its exposure to troubled hospital operator NMC Health, it said on Wednesday. Net profit at the United Arab Emirates' third-largest bank fell to 1.23 billion dirhams ($334.9 million) from…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Nasdaq