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First Abu Dhabi Bank’s third quarter profit climbs 6% due to strong business activity

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The National
“First Abu Dhabi Bank’s third quarter profit climbs 6% due to strong business activity”

First Abu Dhabi Bank reported a 6 per cent annual jump in its third-quarter profit, as net interest income and fee and commission income grew during the period on the back of strong business activity. Net profit attributable to shareholders of the bank for three months to the end of September climbed to 5.73 billion ($1.5 billion), the largest lender in the UAE by assets said in a statement on Thursday to the Abu Dhabi Securities Exchange, where its shares trade. Net interest income for the…

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