UPDATE 1-ADCB’s profit slumps after $292 mln impairments for NMC, Finablr
Abu Dhabi Commercial Bank (ADCB)
, UAE’s third-biggest lender, reported an 84% fall in
first-quarter net profit on Thursday as it took $292 million in
impairments on debt exposure to troubled hospital operator NMC
Health and payments group Finablr.
, UAE’s third-biggest lender, reported an 84% fall in
first-quarter net profit on Thursday as it took $292 million in
impairments on debt exposure to troubled hospital operator NMC
Health and payments group Finablr.
Posted by Reuters
