Comment & Analysis
Financial Results
Retail Banking
Uncategorized
UAE banks’ loan loss provisions surge 71.6% to $8.2bln
Banks in the UAE booked the biggest spike in loan loss provisions in the GCC with an increase of $3.4 billion or 71.6 per cent to reach $8.2 billion in 2020 as the total LLP recorded across the region reached an all-time high of $20.3 billion. The banking industry was…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya