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NBAD posts marginal increase in Q3 net profit

The National Bank of Abu Dhabi (NBAD) has posted a marginal increase in Q3 net profits to Dhs920m ($250m) compared with Dhs914m recorded during the third quarter of 2009. Net income for the nine months ended September 30, 2010, rose 14% to Dhs2.95bn from Dhs2.591bn for the corresponding period of 2009.