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Top GCC banks income to stay ‘elevated’ after Q2 outperformance
Lending income of leading Gulf banks will stay ‘elevated’ after outperformance in the second quarter as higher-for-longer interest rates continue to buoy earnings, S&P Global Market Intelligence said. Dubai-based Emirates NBD booked a quarterly net interest income (NII) of $2.16 billion, the highest among the five largest lenders by assets…
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Click here to read the full story: Khaleej Times