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QIIB improves quality of funding assets; non-performing loans drop to 1.6% in 2020: Al-Shaibei
QIIB succeeded in improving the quality of its funding assets portfolio by decreasing the non-performing loans to 1.6% in 2020, chief executive officer Dr Abdulbasit Ahmed al-Shaibei said. In 2019, this stood at 1.9%; al-Shaibei said the bank’s ordinary general assembly on Wednesday. “This confirms the efficiency of the policies…
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Click here to read the full story: Gulf Times