Assets of 10 UAE banks soar to AED1.3trn in Q1

ABU DHABI / WAM

Total assets of the 10 UAE banks which disclosed their Q1-2019 financial stateme-nts soared to AED1.3 trillion, 3.1 percent up from AED1.26 trillion during corresponding period last year.
According to financial analysts and international consultancy firms, the financial statements released recently by the UAE banks have beaten expectations, with the national banks outperforming other sectors in the country.

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