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Abu Dhabi's First Gulf Bank 3Q Net Profit Up 20%, Beats Most Forecasts
Abu Dhabi's First Gulf Bank reported a 20% year-on-year rise in third-quarter net profit on Monday, boosted by an increase in operating income and a fall in impairments for bad loans. FGB made a net profit of 1.43 billion U.A.E. dirhams ($388 million) in the third quarter, beating most analysts'…
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