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The bank, which also benefitted from lower impairments during the period, posted 17 per cent higher net interest and Islamic financing income in the year, rising to Dh3.4 billion.
“In 2023, ADCB successfully navigated a dynamic global economic landscape to deliver strong growth, further solidifying its position as a leading financial institution and a vital catalyst for the UAE’s economic ambitions,” said chairman Khaldoon Al Mubarak.
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