Wednesday 29, November 2017 by Jessica Combes

A&M releases UAE Banking Pulse report analysing Q3 2017 banking sector performance

 

Leading global professional services firm Alvarez & Marsal (A&M) today released its fourth UAE Banking Pulse, which shows that UAE banks are generally performing well, with overall profitability higher. Almost all of the metrics applied by the UAE Banking Pulse have risen quarter on quarter, suggesting that banks have successfully adapted to the market conditions created by a lower oil price environment, growing their loan books and are continuing to manage their costs sensibly.

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