National Bank of Abu Dhabi 1Q Profit Inches Lower On Expenses
National Bank of Abu Dhabi, the United Arab Emirates' largest financial group, on Monday said first-quarter profit inched lower due to higher expenses and smaller income from investments and foreign exchange. NBAD, majority owned by the emirate's government, said net profit fell to 1.406 billion U.A.E. dirhams ($382.79 million) from…
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