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Abu Dhabi Islamic Bank cuts 200 jobs in 3 months

Abu DhabiIslamic Bank PJSC dismissed more than 200 staff, primarily in itsretail business, over the last three months, Bloomberg News reported Oct. 4,citing "three people with knowledge of the reduction."

The lender laid off approximately 100 people, mostly injunior roles, in September, according to one of the people. Abu Dhabi IslamicBank has approximately 2,500 employees across the U.A.E.