% Abdulaziz Al Ghurair, CEO of Mashreq Bank, President of the Emirates Banks Federation, expected the banking sector assets to grow between 6 to 6.5% by the end of 2019, confirming that the sector has strong liquidity and a good percentage of capital adequacy Money at the rate of 18.
He said that the occurrence of more mergers between banks in different emirates will reflect positively on the sector and that the Mashreq is open to discuss any mergers or acquisitions.
On the sidelines of the launch of the third session of the Bankers Association for Finance and Trade, which was held in Dubai yesterday, he continued the trend towards more mergers in the UAE banking sector during the next three years. He expected the banking sector to achieve good results this year and better compared to its counterparts in Europe and other regions, and banks are pushing for growth this year after they have overcome the challenges of the past two years and we have benefited from the maturity of a system Country credit information.Namazon Services..programmed technical analysis platform ... for Emirati, Saudi, and global markets >
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