UAE Central Bank reforms reporting of non-performing loans
Under its previous reporting methodology, the UAE’s banking sector’s NPL ratio was overstated when taken in comparison to other jurisdictions because of the inclusion of interest in suspense. The Central Bank of the UAE plans to enhance its reporting of non-performing loans (NPL) in an effort to align with international…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Arabian Business