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Invest Bank seeks fresh capital infusion to strengthen balance sheet
Sharjah-based Invest Bank has been hit by high levels of non-performing loans (NPLs), largely from its exposure to cyclical down turn in real estate and construction market. Invest Bank and the government of Sharjah are in negotiations regarding the latter’s injection of capital. The investment by the Sharjah government is…
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Click here to read the full story: Gulf News