Coronavirus
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Pandemic to stall UAE banks' recovery in early 2021 – A&M
The pandemic will continue to affect profitability for banks in the United Arabia Emirates (UAE) in the early quarters of 2021, after a sharp drop in return on equity last year, consulting firm Alvarez & Marsal (A&M) said on Tuesday. Return on equity fell to 7.7% in 2020 from 13.3%…
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