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UAE problem loans to rise, Moody’s warns
Problem loans in the UAE’s banking sector are set to rise by the end of 2018, ratings agency Moody’s Investors Service warned, blaming “sluggish” economic growth seen this year. The agency has forecast that non-performing loans could reach 5.5 or 6 percent of total gross loans next year, an increase…
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Click here to read the full story: Arab News