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UAE banks recorded steady profit growth in Q3 as funding costs take focus

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Gulf News
“UAE banks recorded steady profit growth in Q3 as funding costs take focus”

Dubai: UAE banks are sustaining earnings growth through expanding loan books, rising fee income and improved credit quality, with third-quarter disclosures shifting attention towards the cost of funding their next phase of lending. Get updated faster and for FREE: Download the Gulf News app now - simply click here. First Abu Dhabi Bank , Emirates NBD and Abu Dhabi Commercial Bank , the three largest listed UAE lenders by market value, all reported higher nine-month earnings. Their results…

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