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GCC banking sector sees 7-quarter high ROE in 2021: Kamco
Higher profits reported by GCC banks pushed the aggregate return on equity (ROE) for the sector to a 7-quarter high level of 10.4% at the end of 2021 as compared to 9.6% in Q3-2021 and 8.1% at the end of 2020, a report said. Profitability for the GCC banking sector…
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