Dubai bank Emirates NBD's Q2 net profit rises 16 pct

July 18, 2016 5:14 AM

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DUBAI, July 18 Emirates NBD (ENBD), Dubai's largest lender, posted on Monday a 16 percent rise in second-quarter net profit, broadly in line with analysts' forecasts.

The bank made a net profit of 1.91 billion dirhams ($520.04 million) in the three months to June 30, according to a statement. That compared to 1.65 billion dirhams in the corresponding period of 2015.

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

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