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REAL-TIME GLOBAL RESEARCH

Emerging EMEA Financials: Sector call July 2026

Published: 2026-07-22Institution: UBS EquitiesPages: 22Original language: EnglishEvidence page: 17

Research evidence excerpt

Emerging EMEA Financials: Sector call July 2026

ositions in the subject Indian company/companies. UBS may have financial interests (e.g. loan/derivative

products, rights to or interests in investments, etc.) in the subject Indian company / companies from time to time. Within the past 12 months, UBS may have received compensation for non-investment banking securities-related

services and/or non-securities services from the subject Indian company/companies. The subject company/companies may have been a client/clients of UBS during the 12 months preceding the date of distribution of the research

report with respect to investment banking and/or non-investment banking securities-related services and/or non-securities services. With regard to information on associates, please refer to the Annual Report at: https://

www.ubs.com/global/en/about_ubs/investor_relations/annualreporting.html The Research Annual Compliance Report for UBS Securities India Private Limited is available on www.ubs.com/ubssi under Research tab. Taiwan: Except

as otherwise specified herein, this material may not be distributed in Taiwan. Information and material on securities/instruments that are traded in a Taiwan organized exchange is deemed to be issued and distributed by UBS Securities

Pte. LTD., Taipei Branch to professional institutional investors and/or persons permitted under applicable regulation. Unless permitted by applicable Taiwan laws and regulations, this material is for reference and information only and

should not constitute "recommendation" to clients or recipients in Taiwan for the covered companies or any companies mentioned in this document. No portion of the document may be reprinted, reproduced or quoted by the press

or any other person without authorisation from UBS.

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

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