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UNB net income climbs to $143.8m in Q3 2012
- United Arab Emirates: Thursday, October 18 - 2012 at 05:42
Abu Dhabi's Union National Bank (UNB) has reported a 7% increase in third-quarter net profit, beating analysts' expectations, as the lender reversed losses from financial instruments during the quarter, Reuters has reported. UNB made a net profit of Dhs528.2m ($143.8m) for the quarter ended September 2012, compared with Dhs493.8m in the prior-year period, it said. Analysts forecast Dhs446.9m for the quarter.
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