Comment & Analysis
Financial Results
Retail Banking
Uncategorized
UAE's biggest bank FAB posts 19% drop in Q3 net profit
First Abu Dhabi Bank, the United Arab Emirates' biggest lender, reported a 19% fall in quarterly profit on Monday, dragged down by a double-digit drop in net interest income and higher impairment charges. Third-quarter net profit was 2.506 billion dirhams ($682 million), versus 3.11 billion dirhams a year earlier. CI…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya