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What is Financial Results Q3 2017 Overview about?

- The company reported lower profits for the first 9 months of 2017 compared to the same period in 2016, primarily due to a large settlement payment. Excluding this payment, profits were 2% lower. - While the balance sheet grew 11% compared to the previous year, net interest income was slightly lower due to a decline in net interest margin. However, non-interest income rose 18%. - Asset quality improved with non-performing loans declining slightly, while provisions increased due to higher impairment charg

Author

Umair Moin

Language

EN