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UAE’s top 10 banks see net income rise 9.3% to $5.7bln in Q1
A&M said sector has reason to remain optimistic as interest rate cycle reversion is likely to come in the autumn Alvarez & Marsal’s UAE Banking Pulse said loans and advances had already reached the highest level post-COVID-19 pandemic, up 3.4% quarter-on-quarter (QoQ). A&M said interest rates are likely to be…
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