Wednesday, March 28, 2018

UAE banks to continue profitability trend in 2018, KPMG says

UAE's top banks, which boosted profitability in 2017, are likely to continue this trend this year, with digitisation and downsizing trumping costs of the 5 per cent VAT introduced this year and new accounting standards, according to the accountants KPMG. UAE banks eked out profits last year amid signs of ...
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