Financial Results
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Mashreq incurs decline in assets
Mashreq, one of the UAE’s leading National financial institutions reported a net profit of AED820 million for the year ended 31st December 2011 on operating income of AED3.9 billion over the same period. Mashreq’s total assets witnessed a moderate decline of 6.6%, reaching AED 79.2 billion compared to AED 84.8…
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Source: Mashreq