KM Financial Solutions | UPDATE 1-Higher impairment charges hit UAE banks Emirates NBD and ADCB
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UPDATE 1-Higher impairment charges hit UAE banks Emirates NBD and ADCB

UPDATE 1-Higher impairment charges hit UAE banks Emirates NBD and ADCB

Dubai’s biggest lender Emirates
NBD reported a 15% drop in fourth-quarter earnings on
Monday, below analysts’ forecasts, on a jump in impairment
charges, sending its shares down around 1%.

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