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First Abu Dhabi Bank raises impairments to Dh1.06b
Abu Dhabi’s biggest lender joined its regional Gulf competitors in setting aside higher provisions to cover a spike in bad loans brought on by the coronavirus pandemic. First Abu Dhabi Bank increased impairments to Dh1.06 billion in the second quarter from Dh467 million year ago. That resulted in second quarter…
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Click here to read the full story: Gulf News