UPDATE 1-Higher impairment charges hit UAE banks Emirates NBD and ADCB
Dubai’s biggest lender Emirates
NBD reported a 15% drop in fourth-quarter earnings on
Monday, below analysts’ forecasts, on a jump in impairment
charges, sending its shares down around 1%.
NBD reported a 15% drop in fourth-quarter earnings on
Monday, below analysts’ forecasts, on a jump in impairment
charges, sending its shares down around 1%.
Posted by Reuters
