Home / business / ADCB 2020 Net Profit Down 27% As Provisions For Hospital Group NMC Build

ADCB 2020 Net Profit Down 27% As Provisions For Hospital Group NMC Build

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Abu Dhabi Commercial Bank said on Sunday it posted a 27% drop in net profit for 2020, as it booked significantly higher provisions including new ones for troubled hospital operator NMC, for which it had nearly $1 billion in lending exposure.

from Top Business News- News18.com
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ADCB 2020 Net Profit Down 27% As Provisions For Hospital Group NMC Build ADCB 2020 Net Profit Down 27% As Provisions For Hospital Group NMC Build Reviewed by Team Exprssnews on January 31, 2021 Rating: 5

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