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CBI Reports AED 36.5 Million net Profit Q1 in 2016
In Q1 2016 CBI reported a net profit of AED 36.5 million supported by growth in Wholesale Bank lending and customer deposits. Net Loans and Advances increased by AED 703 million, or 6% to AED 12,209 versus AED 11,506 million in December 2015, well above reported market growth of 1.3%….
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Source: Commercial Bank International