Comment & Analysis
Regulation, Risk & Compliance
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Asset quality on mend but some issues seen lingering
Loan loss provisions in the UAE’s banking industry are on decline, supporting the overall asset quality metrics. However, continuing stress in some of the sectors and the implementation of International Financial Reporting Standards 9 (IFRS 9) are likely to keep provisioning elevated in a few more quarters, Vince Cook, CEO…
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Click here to read the full story: Gulf News Banking