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National Bank of Fujairah posts 87% drop in net profit in first nine months of 2020

National Bank of Fujairah on Wednesday reported an 87 per cent drop in its net profit for the first nine months of 2020, compared to the same period last year, as the bank continued to build “substantial impairment provisions” on account of COVID-19. Net profit fell to Dh66.3 million for…

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Click here to read the full story: Gulf News

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