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Comment & Analysis Uncategorized

UAE banks set for FY 2023 loan growth, profit uptick

September 8, 2023

By News Team

Most large UAE banks are set for more loan growth and higher profits for full year 2023 due to a buoyant domestic economy and robust oil prices. Loan growth will reach 13.7% at Emirates NBD Bank PJSC for 2023, compared to negative 1.3% in 2022, according to average analyst estimates…

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