ADIB's CFO Says Bank Has ‘Ammunition’ for M&A

The video discusses the progress in reducing non-performing loans, achieving a 64% coverage ratio. It highlights mid single-digit loan growth, driven by consumer confidence and improved business conditions. The speaker addresses the potential for UAE banking consolidation, emphasizing a strong capital position and readiness for strategic acquisitions. Strategies to regain market share and enhance revenue are outlined, alongside a refreshed five-year strategy focusing on client services. The video concludes with a discussion on capital strength and the pursuit of economically sensible opportunities.

What is the speaker's perspective on potential mergers and acquisitions?

How many new clients has the bank added over the last 12 months?

What factors does the speaker believe will contribute to future growth?