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Alvarez & Marsal Releases FY2022 UAE Banking Pulse

UAE banks are ‘strong, capitalization is in good shape’ with higher return ratios Profitability of top 10 lenders increased by 31.7 percent year-on-year (YoY) for FY’22, as higher interest rates boost earnings Deposits grew by 11.3 percent YoY, faster than loans & advances (L&A) of 5.7 percent in FY’22 Marsal…

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