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Wealth and Asset Management
Major UAE bank may take over Amlak next year
Emirates NBD, the UAE's largest bank by assets, could take over Islamic property finance company Amlak next year. This along with the recent takeover of Dubai bank will adversely impact the bank's profitability and capitalisation levels, HC Securities, a brokerage firm, said yesterday. The acquisition of Dubai Bank, according to…
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Click here to read the full story: Gulf News