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UNB Q3 profit rises 28pc to $125m

Abu Dhabi, October 21, 2010

UAE lender Union National Bank beat analysts’ forecasts by posting a 28 per cent increase in third-quarter net profit to Dh459.6 million ($125.1 million) from Dh358.05 million in the same period last year.

The Abu Dhabi-based lender's third quart net income boost came in from a surge in net interest income, according to a report in our sister newspaper Gulf Daily News (GDN).




Tags: abu dhabi | investment | finance | Union National Bank |

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