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KM Financial Solutions | UPDATE 1-ADCB’s profit slumps after $292 mln impairments for NMC, Finablr
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UPDATE 1-ADCB’s profit slumps after $292 mln impairments for NMC, Finablr

06 May UPDATE 1-ADCB’s profit slumps after $292 mln impairments for NMC, Finablr

Posted at 11:37h in News by
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Abu Dhabi Commercial Bank (ADCB)
, UAE’s third-biggest lender, reported an 84% fall in
first-quarter net profit on Thursday as it took $292 million in
impairments on debt exposure to troubled hospital operator NMC
Health and payments group Finablr.

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