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NBAD sees Q1 profit rise 12pc

National Bank of Abu Dhabi (NBAD) has reported 12% increase in net profits to Dhs1,041m for the quarter ended 31 March 2012 compared with Dhs927m earned in the corresponding quarter of 2011. Net profits increased by 44% over the fourth quarter of 2011. The annualised return on shareholders' funds for…

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