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Dubai's biggest bank sees 55% profits slump amid coronavirus crisis

Emirates NBD, Dubai's largest bank, on Tuesday, delivered a net profit of AED5.6 billion ($1.5 billion) in the first nine months of 2020 as the coronavirus pandemic had a significant impact on its bottom line. Net profit declined 55 percent year on year due to higher impairment charges and the…

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Click here to read the full story: Arabian Business

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