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| Brief Excerpt: | ...Key Message on 2017: A challenging operating environment resulted in weaker asset-quality metrics. However, funding and liquidity continued to improve with solid deposit growth and lower loan growth. Asset Quality: Asset-quality metrics deteriorated in 2017 with a slowing operating environment and some pressure on contracting, real estate, and retail trade. Some banks have been stricter in classifying previously problematic exposures as impaired in anticipation of IFRS 9 implementation. Loan impairment charges-to-average gross loans ratios have reduced for most banks as appropriate provisioning levels have already been built up and impaired SMEs are now significantly provisioned. Impaired loans ratios, however, do not show the full extent of asset-quality problems, with an increasing volume of restructured loans. Loan-loss allowances are adequate as a proportion of impaired loans (at over 100%) and reasonable as a percentage of gross loans (5.3%). Performance: Operating profit/risk-weighted... |
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| Company(ies) | Union National Bank P.J.S.C.
, MashreqBank psc
, Bank of Sharjah P.J.S.C.
, Abu Dhabi Islamic Bank PJSC
, The National Bank of Ras Al Khaimah (P.S.C.).
, First Abu Dhabi Bank PJSC
, Commercial Bank of Dubai PSC
, Dubai Islamic Bank PJSC
, Abu Dhabi Commercial Bank PJSC
, Emirates NBD Bank PJSC
, Sharjah Islamic Bank PJSC
, Al Hilal Bank P.J.S.C.
, Noor Bank PJSC
, Emirates Islamic Bank PJSC
, Commercial Bank International PSC
, AJMAN BANK/P.S.C |
| Ticker(s) | ADCB
, ADIB
, AJMANBANK
, BOS
, CBD
, CBI
, DIB
, EIB
, FAB
, MASQ
, RAKBANK
, SIB
, UNB |
| Issuer | |
| Format: | | PDF |  |
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