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geopolitical-adjustments

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Bank Sees Profit Rise from Gulf Bonds, Offset by $190 Million Iran Conflict Chargekoreaherald.com
finance6 days agoDeveloping

Bank Sees Profit Rise from Gulf Bonds, Offset by $190 Million Iran Conflict Charge

A bank announced an increase in profits driven by bond issuance in the Gulf region. The rise occurred despite a $190 million charge related to the conflict in Iran. The charge reflects adjustments due to the geopolitical situation in the region, Reuters reported.

Reuters
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