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Email this article: UAE central bank sets loan limits for state-linked firms
Posted: Sat April 7, 2012 12:36 pm
UAE. Large exposure limit rules for commercial banks expanded; New caps for loans made to local governments and their entities introduced; First such change in two decades.
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INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
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