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Top ten UAE banks’ Q2 profits surged 21.2 per cent compared to Q1

Top 10 UAE banks posted a 21.2 per cent jump in their net profits for the April-June quarter compared to the previous quarter as a result of lower provisioning and increased cost efficiency, an analysis of published data by Alvarez & Marsal (A&M). Despite the second quarter improvement in profits,…

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Click here to read the full story: Gulf News

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