Tuesday 24 December 2013

Banking review 2013: lenders shake off years of low growth | The National

Banking review 2013: lenders shake off years of low growth | The National:

"UAE banks continued to recover this year amid an economic rebound following years of low growth as jitters about defaulters subsided and more loans started to flow out of the bank’s vaults.

Jostling for business in a crowded market, lenders here have also ramped up the tempo to tap emerging markets for more growth.

National Bank of Abu Dhabi (NBAD), the biggest lender by assets in the UAE, is among those that said this year they were focusing on capturing a slice of US$137 billion market in corporate lending in Asia and Africa."

'via Blog this'

No comments:

Post a Comment