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Mashreq Bank Q1 Net Profit Up 2 Percent

Mashreq has reported a 2% increase in its net profit in Q1 2012 to Dhs271m compared to Dhs265.3m for the same period in 2011. The Total income for the bank during first quarter of 2012 reported Dhs937m, representing a 14.3% drop relative to Q1 2011. However, Mashreq's best-in-class net fee,…

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Source: Mashreq

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