Abu Dhabi-listed Union National Bank Q3 net profit falls

October 25, 2015 4:35 AM

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DUBAI Oct 25 Union National Bank, 50-percent owned by the Abu Dhabi government, posted a 12.4 percent fall in third-quarter net profit on Sunday, missing analysts' forecasts.

The fifth-largest lender on the Abu Dhabi exchange by assets reported a net profit attributable to equity holders of 480.59 million dirhams ($130.9 million) in the three months to Sept. 30, down from 548.68 million dirhams a year earlier, a bourse filing showed.

Also read: Abu Dhabi Commercial Bank Q3 net profit falls 17 pct

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