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Bank mergers help cut funding costs, enhance pricing power

Merger and consolidation trend among banks in the UAE and other GCC countries will help better-position financial institutions with higher pricing power, and less pressure on funding costs, a report by Indosuez Wealth Management said. Consolidation will also help banks increase their scale and revenue base, said Aabid Hanif, senior…

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Click here to read the full story: Khaleej Times

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