Monday 29, January 2018 by Robin Amlôt

Mashreq posts a 6.5 per cent y–o–y growth in net profit for 2017

UAE-based Mashreq reports net profit for YE 2017 at AED 2.1 billion - a 6.5 per cent increase YoY. The bank said operating expenses were down by almost two per cent and the impairment allowance was down by 14.2 per cent YoY.

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