UAE may exclude bonds from bank lending limit
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Tue June 12, 2012 12:19 pm

UAE. The United Arab Emirates’ central bank may exclude bonds from a limit imposed on banks’ lending to local governments and related entities, local Arabic language daily Al Khaleej reported, citing people it didn’t identify.

Lending mustn't exceed 100% of banks’ capital base to governments of the UAE federation and their non-commercial entities, and 25% to individual borrowers, the central bank said on April 4.

There was no limit under previous rules.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 26, 2018
UAE. The leading-edge AI-driven SOC is located in Dubai and will service customers in the MEA region; It is a response to changes in the global and regional threat landscape.
date:Posted: April 26, 2018
UAE. Women empowerment, cryptocurrencies, Fintech, agility in the public sector, Middle East retail sector and Dubai's affordable housing sector.
date:Posted: April 25, 2018
Global Economic Conditions Survey (GECS) is the largest regular economic survey of accountants around the world, in terms of both the number of respondents and the range of economic variables it monitors.
dhgate