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UAE banks to benefit from public-sector loan growth in 2020
Profitability at the four largest UAE banks is set to remain resilient in 2020, as solid public-sector loan growth balances the effects of competition and subdued private-sector credit demand, Moody’s Investors Service said in a report published Tuesday. The combined net profit of First Abu Dhabi Bank, Emirates NBD, Abu…
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Click here to read the full story: Gulf News