UAE banks' provisions increase 178%
Other banks that saw a major drop in their net profits include Commercial Bank International (-54.5 per cent). Analysts believe that there could be further provisioning in the fourth quarter of this year, which is bound to further impact profitability of the country's banking sector.
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- News Source: Zawya Market News | 21 days agoOther banks that saw a major drop in their net profits include Commercial Bank International (-54.5 per cent). Analysts believe that there could be further provisioning in the fourth quarter of this year, which is bound to further impact...
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