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Large UAE banks set to post solid profitability
Profitability at the four largest UAE banks will remain solid in the next 12 to 18 months underpinned by solid interest income, despite pressure on fee and commission income, said Moody's Investors Service in a new report. The four banks, First Abu Dhabi Bank PJSC (FAB, Aa3/Aa3 Stable, a3), Emirates…
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