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Higher-income, easing provisions drive UAE banks’ profitability growth
The bottom-line profitability of the four largest banks that account for 70 per cent of the total UAE banking assets continued to recover in the first half of 2022, driven by strong interest income, robust noninterest income, and softening loan-loss provisions. As the operating environment in the UAE continued to…
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Click here to read the full story: Khaleej Times