Regulation, Risk & Compliance
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Banks in UAE waive over $272mln debts of 4,511 Emiratis
The Non-performing Debt Relief Fund announced on Wednesday that 20 banks and financial institutions had waived the debts of 4,511 Emirati citizens, with a total value of more than AED1,157,388,000. The banks that participated included First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard…
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