Wednesday, May 2, 2018

Listed Gulf banks see 6.7% rise in net profit in 2017 - KMPG

Net profits among listed banks based in the Gulf grew by 6.7 percent during 2017 while asset growth remained robust at 4.4 percent, according to a new KPMG report. KPMG said growth was driven by increased lending to government and related entities to support national-level initiatives. It added that ...
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