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FAB’s Q3 2023 profit surges by 48% on revenue boost

UAE’s First Abu Dhabi Bank, also known as FAB, said its Q3 2023 net profit jumped by 46 per cent year-on-year, boosted by robust revenues amid continuing growth in the banking group’s core business. FAB’s third-quarter net profit was Dhs4.3bn ($1.17bn), the highest quarterly profit on an underlying basis, while…

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