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Abu Dhabi Commercial Bank Q4 profit drops 16% on impairments
Abu Dhabi Commercial Bank on Tuesday posted a 16 per cent drop in fourth-quarter profit, in line with analysts’ forecasts, as impairments for doubtful loans weighed on its bottom line. The emirate’s second-largest bank by assets made a net profit attributable to shareholders of Dhs1bn ($272m) in the three months…
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