CL Jose - Businessbenchmark News - Page 71

RakBank FY20 profit plunges 54% to AED505m

ADCB FY20 profit falls 27% to AED3.8b

11 banks in UAE slapped AED46m penalty

Economic survey calls for counter-cyclical fiscal policy

2.4 fold rise in impairment allowance at AED1.4b lands NBF in AED475m loss

Court proceedings against former DSI CEO begin in Amman court

Emirates NBD FY20 profit falls 52% to AED6.97b

Process to merge Insurance Authority into Central Bank of UAE begins

Three-fold surge in impairment loss lands Emirates Islamic in AED482m FY20 loss

FAB FY20 profit drops 16 % to AED10.55b; Sayegh to retire soon

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