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Commercial Bank of Dubai purchases Dh3bn loan portfolio from UK lender RBS

Commercial Bank of Dubai has announcedit has agreed to acquirea corporate loan portfolio worth approx. AED 3 billion from Royal Bank of Scotland plc (RBS) in the United Arab Emirates (UAE). The acquired portfolio consists of large UAE-based Corporates, all of whom are major contributors to the economywith excellent credit…

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Source: Commercial Bank of Dubai

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