“… We pride ourselves on delivering high value legal services. Excellence is our Minimum Standard.”
UAE banks have strong capitalisation levels compared to many regional and global counterparts.
Banking analysts expect the capitalisation levels to remain strong as internal capital formation picks up momentum with improving business environment and rising profitability.
?We expect UAE banks? will maintain the current, strong levels of capital at around 16 per cent in 2013-14, built up from 14.4 per cent as of year-end 2010, as healthy growth in internal capital will fund modest loan growth,? said Khaled Howladar Vice President ? Senior Credit Officer at Moody?s.
UAE banks? liquidity levels are expected to remain high with strong deposit growth. Over the next 12 to 18 months Moody?s expects strong deposit growth in the UAE to increase the contribution of customer deposits to around 65 to 70 per cent of total assets (from 63 per cent as of year-end 2011).