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FinancialNews


  • 16-01-19

    Dubai's Emirates NBD jumps 20 percent in net profit

    (MENAFN) Dubai-based Emirates NBD beaten all odds and witnessed its net profit surge by 20 percent by the end of last year.

    Dubai's largest bank was confirmed to have exceeded expectations as its lending registered a jump while its loan loss charges posted a decline.

    Emirates NBD announced the results in a statement it issued on Wednesday, as reported Bloomberg.

    The bank, with assets worth USD136 billion, saw an acceleration in its net profit compared to 2017, reaching USD2,722,422.

    MENAFN1601201900450000ID1097981344

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