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14 Jun 2009 - Conservative lending helps UAB maintain earnings momentum

While most banks in the UAE focused on unrestricted growth during the past four or five years, there were few banks such as United Arab Bank (UAB), that chose to tread a conservative path serving its loyal clients and adding quality to its offerings. This has paid off, according to Paul Trowbridge, Chief Executive of UAB.

"We do not have any toxic assets on our books and we have been able to improve our earnings quarter after quarter," he said. Trowbridge took over the reins of this Sharjah-headquartered bank in December, at the peak of the financial crisis.

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