Gulf News

All rise

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Mashreq’s total assets increased by 9.8 per cent year on year in the first nine months of 2018 to Dh137.4 billion compared to Dh125.2 billion at the end of 2017. Loans and advances increased by 10.6 per cent year to date at Dh69.4 billion driven by 7.7 per cent growth in convention­al finance.

Total customer deposits increased by 8.1 per cent year to date, to Dh82.2 billion due to an increase in both convention­al deposits (6.5 per cent) and Islamic deposits (24.6 per cent).

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