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ADIB profit rises 5% to Dh1.2 billion
Profits at Abu Dhabi Islamic Bank topped Dh1.2 billion (US$207.9 million) last year as it targeted growing its expatriate customer base. Net income climbed 5 per cent despite taking provisions of more than Dh800 million. The bank, which operates 75 branches, also trimmed costs and cut 118 jobs in what…
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