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United Arab Bank announces financial results for Q3 2018
Q3 2018 Highlights AED105m Net Profit, up 111% Q3 2017. Operating Expenses decreased 4% Q3 2017. Provision for Credit Losses decreased 29% Q3 2017. Robust liquidity profile with UAB comfortably above regulatory requirements. Loan: Deposit Ratio managed to 97%. Tier 1 ratio comfortably in excess of regulatory requirements at 5%. …
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Source: United Arab Bank