Profitability at UAE’s 10-biggest banks rises in second quarter despite tough operating environment
- Date: 26-Aug-2020
- Source: The National
- Sector:Financial Services
- Country:UAE
Profitability at UAE’s 10-biggest banks rises in second quarter despite tough operating environment
The UAE's 10 biggest lenders increased profitability in the second quarter of this year, as their loans and advances grew amid the Covid-19 pandemic-driven economic slowdown.
The banks posted a 21.2 per cent jump
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