Global Banking Monitor

Wednesday, February 28, 2024

Tag: dhabi

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...

Abu Dhabi Commercial Bank Reportedly in Talks to Sell $3.7 Billion of Bad Loans

Abu Dhabi Commercial Bank PJSC (ADCB) is in talks with funds to sell 13.5 billion dirham ($3.68 billion) of bad loans, Bloomberg News reported...

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