Sunday, 31 January 2021

ADCB 2020 Net Profit Down 27% As Provisions For Hospital Group NMC Build

Abu Dhabi Commercial Bank said on Sunday it posted a 27% drop in net profit for 2020, as it booked significantly higher provisions including new ones for troubled hospital operator NMC, for which it had nearly $1 billion in lending exposure.

from Top Business News- News18.com https://ift.tt/36pw8pF
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