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UAE banks' weakening credit quality may drive loan restructuring
Eleven UAE national banks have reported around Dh7.74 billion in first quarter net profit, a growth of 9.6 per cent over the same period last year, amid warning by analysts of deteriorating credit quality for major banks. Weakening credit quality, according to analysts, is likely to drive loan restructuring at…
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Click here to read the full story: Khaleej Times