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Why large UAE banks’ 2020 profit decline is manageable

The four largest bank in the UAE saw sharp drop in their net profit in 2020, but the decline is manageable according rating agency Moody’s. Top four banks such as First Abu Dhabi Bank (FAB) Emirates NBD (ENBD), Abu Dhabi Commercial Bank (ADCB) and Dubai Islamic Bank (DIB) accounted for…

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Click here to read the full story: Gulf News

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