Property & Real Estate
Regulation, Risk & Compliance
Uncategorized
Central bank's autonomy to set caps on real estate welcomed
The UAE Central Bank recently lifted the 20 per cent cap on real estate lending as a percentage of the total deposits of banks. However, a new ceiling on lending has not been put in place, Abdul Aziz Al Ghurair, chairman of the UAE Banks Federation, said. The fixed 20…
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Click here to read the full story: Khaleej Times