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Arab Bank Group reports $166 million in net profit for first quarter of 2022

Arab Bank Group reported Saturday a net profit of $166 million in the first quarter of 2022, compared to $128.3 million in the first quarter of 2021, a 29.4 percent year-on-year growth.  The group’s loan portfolio is also expanded, growing 5 percent to $35.2 billion, compared to $33.6 billion in…

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