Net provision charge on loans and advances of the top ten local banks UAE 2020-2022
In 2022, the net provision charge on loans and advances of the top ten local banks in the United Arab Emirates stood at 4.34 billion U.S. dollars. This was a 12.4 percent drop over 2021 when the net provision charge was worth 4.96 billion U.S. dollars. However, the biggest drop was seen between 2020 and 2021 when the net provision charge fell by roughly 3.6 billion USD.