Mashreq Bank 2016 net profit at Dh1.9b | GulfNews.com:
"Mashreq Bank said on Wednesday net profit for 2016 fell to 1.9 billion, compared to the Dh2.4 billion recorded in 2015.
“While the region weathered tough business conditions in 2016, Mashreq had a reasonable year despite the economic climate and low oil prices,” Abdul Aziz Al Ghurair, Mashreq’s chief executive officer, said in an emailed statement.
Total operating income for 2016 was at Dh6.2 billion, a year-on-year increase of 3.2 per cent compared to 2015 operating income of Dh6 billion."
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