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UAE: National Banks’ Assets Soar to $816 Billion in H1 2020
August 19th, 2020 - 11:00 GMT

UAE: National Banks’ Assets Soar to $816 Billion in H1 2020

Total assets of the 18 listed national banks in the UAE rose to around AED3 trillion ($816 billion) in H1-2020, up 8.2 percent, compared to the comparable period of 2019, reflecting the strong financial profile boasted by the Emirati banks... The sector’s activity is highlighted by the profitability of the banks, as deposits increased around 13 percent to around AED1.942 trillion during the first half of the year, from around ...
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UAE's Major 13 Banks Record 60 Percent Y-o-Y Decline in Net Profit in H1
August 16th, 2020 - 06:00 GMT

UAE's Major 13 Banks Record 60 Percent Y-o-Y Decline in Net Profit in H1

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