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Some UAE banks ask for further temporary relaxations on key IFRS 9 compliances

Banks are concerned about higher provisioning burden from a full IFRS 9 compliance

Ash shariqahUnited arab emiratesGulf newsVarouj nerguizianMohammed damakCentral bankFinancial servicesImage creditExpected credit lossesTargeted economic support scheme

What to expect from the third quarter financial results of UAE banks

Profitability and asset quality seen improving steadily with gains from cost control

United arab emiratesDubai islamic bankGulf newsAlvarez marsalAsad ahmedMohammed damakCentral bankFinancial servicesImage creditQuarterly economic reviewSenior directorManaging directorMiddle east financial servicesTargeted economic support schemeCommon equity tier

GCC banks begin post pandemic recovery: S&P

Improving economic conditions supportive of banking sector recovery

Saudi arabiaUnited arab emiratesZeina nasreddineMohammed damakHead officeFinancial servicesImage creditGulf newsSenior director

Experts join Emirates Institute for Banking and Financial Studies webinar to assess regulatory impact on capital adequacy

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United arab emiratesJustin baldacchinoDarren clarkeSandipp kanabarMohammed damakHannes kellerBen aliRegulatory impact on bank capital adequacyGroup riskDubai financial services authorityCentral bankEmirates institute for bankingEmirates instituteFinancial studiesRegulatory impactBank capital adequacy

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