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20 April 2024

Adib to post double-digit growth in 2010

By CL Jose & Shveta Pathak

Abu Dhabi Islamic Bank (Adib) will record a double-digit growth for the current year as it plans to add more products and services in its customer-centric strategy, said CEO Tirad M Mahmoud. Though the bank has suffered from an exposure it had to regional corporate groups including the duo from Saudi Arabia, it has decided to come clean by taking maximum provisions during 2009 which impacted its net profit.


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