#provisions

First Abu Dhabi Bank

First Abu Dhabi Bank joins Mideast lenders in raising provisions

First Abu Dhabi Bank increased impairments to Dhs1.06bn ($289m) from Dhs467m a year ago

Saudi’s Samba CEO sees U-shaped recovery after ‘triple jeopardy’

The kingdom unveiled a second $13.3bn stimulus package to protect lenders against an expected drop in profits and rise in bad loans