April 29, 2019 / 12:00 PM / 2 months ago

UAE's First Abu Dhabi Bank Q1 profit up 3.6 pct

ABU DHABI, April 29 (Reuters) - First Abu Dhabi Bank , the largest bank in the United Arab Emirates, on Monday reported a 3.6 percent rise in first quarter 2019 profit. FAB made a net profit of 3.11 billion dirhams ($846.79 million) in the three months ending March 31, compared to 3.0 billion dirhams in the prior-year period, it said in a statement. ($1 = 3.6727 UAE dirham) (Reporting By Stanley Carvalho, editing by Davide Barbuscia)

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