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UAE banking sector profitability projected to improve in 2018

The UAE’s banking sector outlook remains stable reflecting economic resilience, strong capitalisation, stable funding and liquidity conditions, according to global credit rating agency Moody’s. “Faster economic growth in 2018 will support the banking system’s credit growth, and we forecast credit growth of around 5 per cent in 2018, after a…

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Click here to read the full story: Gulf News

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