Financial Results
Hedge Funds & Alternative Investments
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Emirates NBD says reduced impairments helped lift profit in first half of the year
Emirates NBD announced quarterly profit ahead of analyst forecasts, rising 16 per cent year-on-year for the three months to the end of June as lower levels of bad debt allowed the bank to reduce impairment charges. However, Dubai’s largest bank warned that it would continue to face “headwinds" as lower…
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