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
china wholesale market

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: January 30, 2015
UAE. Deloitte report focuses on the key factors that would enable Dubai to reach the next level in terms of sustainability and competitiveness, in order to attract investment at the regional and global stage and promote export-oriented growth.
date:Posted: January 29, 2015
UAE. World's largest wealth manager says price is likely to recover to US$67-US$72 by the end of 2015; Report published ahead of UBS's CIO roadshow to the Middle East next month.
date:Posted: January 28, 2015
UAE. opportunity for Gulf retailers with shoppers more willing to share personal information in exchange for rewards; 67% willing to share their data, second only to India.
UAE. Deloitte report focuses on the key factors that would enable Dubai to reach the next level in terms of sustainability and competitiveness, in order to attract investment at the regional and global stage and promote export-oriented growth.
dhgate