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NBAD profits fall 0.23% in 9M

NBAD profits fall 0.23% in 9M
Photo Credit: Arabianeye-Reuters
FAB
FAB
-3.13% 17.36 -0.56

Abu Dhabi-Mubasher: National Bank of Abu Dhabi (NBAD) posted profits of AED 4.195 billion ($1.142 billion) in the first nine months of 2015, down 0.23% from AED 4.21 billion in the same period of 2014, according to a bourse filing on Wednesday.

In the third quarter of 2015, profits fell 3% to AED 1.33 billion from AED 1.37 billion in Q3-14.

The bank previously posted net profits of AED 2.87 billion year-on-year in H1-15.

 Earnings per share rose from AED 0.52 in H1-14 to AED 0.53 in H1-15.