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Easing provisions drive solid recovery in UAE banks’ profits
Profits at large UAE banks surged during the first six months of 2021 after a modest improvement in the operating environment led to lower loan-loss provisions, Moody’s Investor Service said. The largest four banks in the system, First Abu Dhabi Bank (FAB), Emirates NBD (ENBD), Abu Dhabi Commercial Bank (ADCB)…
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Click here to read the full story: Khaleej Times