Comment & Analysis
Mergers & Acquisitions
Uncategorized
UAE banks would benefit from mergers
Abu Dhabi speculation quashed, but tougher market may encourage consolidation The UAE has 23 local banks and 28 foreign banks competing for market share in a relatively small economy and population. The overbanked market squeezes down profit margins. The situation makes banks’ position even more difficult as slower economic growth…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: MEED