Dubai bank Mashreq Q4 net profit falls 13.7 pct

January 27, 2016 10:37 AM

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DUBAI Jan 27 Mashreq, Dubai's third-biggest bank by assets, posted a 13.7 percent fall in fourth-quarter net profit on Wednesday.

The lender made a net profit of 556.2 million dirhams ($151.45 million) in the three months to Dec. 31, it said in a statement.

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