Comment & Analysis
Financial Results
Retail Banking
Uncategorized
UAE banks’ profitability witnessed substantial deterioration in Q1: report
Leading global professional services firm Alvarez & Marsal (A&M) released its latest UAE Banking Pulse for Q1 2020 today. The report suggests that the top 10 UAE banks reported a combined 6.3% quarter-on-quarter (QoQ) drop in interest income, largely due to the low interest rate environment. The net profit declined…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Ameinfo