Awards for Excellence 2020
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“During the first quarter our assets increased by 15% due to net new money, transaction revenues are up year over year 55%, our lending share has grown 25% compared to a year ago and our costs are down 1%,” says Ali Janoudi, head of Middle East and Africa for wealth management at UBS.
As a result, the contribution to the bank’s profits coming from the Middle East and Africa region has grown to more than 20%.
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