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Emirates NBD Cuts AED20 Million from Its Wage Bill

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Emirates NBD, Dubai's largest bank by market value, closed eight branches, removed 65 ATMs and slashed its wage bill by AED20 million ($5.4m) during the third quarter of 2012 as part of a wider move to cut costs, according to Arabian Business The lender, 55.6 percent owned by state fund Investment ...
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