Alvarez and Marsal's latest UAE Banking Pulse says the Q4's execution affected by the rise in spending. The United Arab Emirates's banks are continuing to perform well, but with a reduction in profit levels, to a large extent, the cost of development is at a faster rate than the labor payoff, as shown by another report.
Alvarez and Marsal dismissed the latest UAE Banking Pulse covering the last quarter of 2017, saying another model has been an expansion of liquidity as stores run at a faster rate than previous advances.
The report thinks about the quarterly information of the 10 largest registered banks of the United Arab Emirates - First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Commercial Bank, Dubai Islamic Bank, Mashreq Bank, Abu Dhabi Islamic Bank, Union Bank National, Commercial Bank Dubai, Bank of Ras Al Khaimah, and National Bank of Fujairah.
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The report says that loans and advances to the top 10 banks developed at a slower pace (0.22 percent) than shops (2.47 percent).
It included the development of salaries at work showing a significant increase, driven mainly by higher non-premium wage amounts, for example, payments and commissions - 7 out of 10 banks announced job payroll development.
The intriguing level was unpardonable, with an increase in yields using a loan at the back of financing costs, while cost-to-pay ratios expanded from 32.7 to 34.2 percent, resisting the discounted model of 75 % the last.
The overall cost of risk has expanded, as banks have embraced a more moderate approach and made higher provisioning rates, with three banks increasing bonuses for weakness, the report noted.
Dr. Saeeda Jaffar, the main creator, said: "Despite the fact that productivity in the last quarter of the year experienced a steady decline in contrasts and the previous quarter, this was mainly due to the more traditional approach accepted by banks exposed by a cost expanding the risk.
"Expanding labor costs, which is very normal for the last quarter, also had an effect.
"Our general investigation recommends that while the two banks and clients are practicing some vigilance, the share is healthy and is very determined to
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