Comment & Analysis
Mergers & Acquisitions
Retail Banking
Uncategorized
Second merger wave may hit UAE lenders as industry shrinks
Banks in the UAE may go through a second wave of consolidation as lenders seek to improve profitability and tackle inefficiencies. Edmond Christou, BI banking analyst, said, “Amid rising regulatory requirements and digital spending inefficient, less profitable and less well-capitalised banks are susceptible to consolidation.”
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Islamic Business and Finance