Financial Results
Investment Banking
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Invest Bank reports 61% lower losses in 2019
The net losses of Invest Bank plunged by 61% year-on-year to AED 579 million in 2019 from AED 1.47 billion in 2018. The decrease in net losses is attributed to a decline in operating expenses and impairment provisions by 13% and around 63%, respectively, according to the bank's recent disclosure…
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