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The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
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BoS expects up to 30% profit growth
Bank of Sharjah sees profit rising between 25 per cent and 30 per cent both this year and next on increased financing activity and lower provisions for bad debt.
“We’ve had a very good year,” Varouj Nerguizian, executive director and general manager at Bank of Sharjah, told reporters on Sunday. “We expect profitability to be higher by between 25 per cent to 30 per cent.”
Compiled from agencies
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