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Increased funding costs are likely to impact banks amidst intensified competition for deposits and tighter liquidity in the second half.
September 16th, 2019 - 07:30 GMT

UAE Banking Industry Shows Marginal Improvement in Q2

The overall operating income across the UAE’s banking sector improved marginally from Q1 2019, largely driven by consolidation activity in the sector as the merger of ADCB with Al Hilal Bank and UNB completed in the spring, a report said. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-0…","video_id":"0cf6b6cf-cbf9-4392-9dff-c7b7419d3496","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Why did the US and China start a war over 5G?"} The headline figures also hide a disparity in terms of individual performances, which offset each other to produce only ...
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