Friday 22 February 2019
 
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UAE banking

UAE banking investments hit $90bn in 11 months

UAE banking investments were on the rise during first 11 months of 2018, amounting to Dh331.1 billion ($90.1 billion) by the end of November, a growth of 6.4 percent as compared to December 2017, a media report said. Investment ve

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UAE banking system outlook remains stable: Moody’s

Moody's Investors Service has kept its outlook on the UAE banking system at stable, reflecting a gradually recovering economy, as well as banks' strong capital, resilient profitability and solid funding. A combination of r

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UAE banking system outlook remains stable: Moody’s

Moody's Investors Service has kept its outlook on the UAE banking system at stable, reflecting a gradually recovering economy, as well as banks' strong capital, resilient profitability and solid funding. A combination of r

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Moody's maintains stable outlook on UAE banking

Moody's Investors Service's outlook for UAE banking system remains stable, reflecting the rating agency's view that resilient capital and liquidity buffers will help to protect banks' credit profiles despite the continued economi

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UAE banking sector challenges 'manageable'

The UAE banking sector's strong capitalisation should make its current challenges manageable despite rising impairments and difficult operating conditions, a Fitch Ratings agency report said. Fitch believes that fresh government support fo

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Commercial Bank International gains up 322pc

Commercial Bank International (CBI), one of the UAE’s leading banks, has announced a 322 per cent increase in profits to Dh137 million ($37.30 million) for the second quarter of 2007, compared to the same period in 2006. The bank saw tota

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