By Pete Sadler in abu — Jul 21, 2023

First Abu Dhabi Bank's Quarterly Profit Skyrockets Amidst Higher Interest Rates

First Abu Dhabi Bank PJSC reported a surge in earnings as it benefited from higher rates and improved margins.

The United Arab Emirates’ largest lender beat analyst expectations to post a 61% rise in net profit for the three months through June to 4.2 billion dirhams ($1.1 billion), the bank said in a statement on Thursday.

First Abu Dhabi Bank's Quarterly Profit Skyrockets Amidst Higher Interest Rates

ECB's Stress Test Overhaul Comes in Response to Banks' Rosy Interpretations

British Consumer Confidence Dips After Six Months of Growth

ECB's Stress Test Overhaul Comes in Response to Banks' Rosy Interpretations

British Consumer Confidence Dips After Six Months of Growth

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