UAE's First Abu Dhabi Bank Q3 profit falls on lower operating income | ZAWYA MENA Edition

UAE's First Abu Dhabi Bank Q3 profit falls on lower operating income | ZAWYA MENA Edition:

"First Abu Dhabi Bank , the largest bank in the United Arab Emirates, on Wednesday reported an 18 percent drop in third quarter profit as lower operating income weighed on its bottom line. FAB made a net profit of 2.61 billion dirhams ($711 million) in the third quarter of 2017, compared to 3.18 billion dirhams in the period a year earlier, the bank said in a statement. This is the second combined financials of Abu Dhabi's two biggest banks after their merger in April to create one of the largest banks in the Middle East and Africa. "



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