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National Bank of Abu Dhabi posts Q1 net profits in excess of AED1 billion

Despite impairment charges of AED 225 million, NBAD posts 34$ rise in Q1 net profits.

April 28, 2010 9:07
 

Banks in UAE will face Dubai World fallout in second quarter

With 15 billion in exposure to Dubai World, the central bank expects UAE’s local banks will take brunt of restructuring impact.

April 26, 2010 9:11