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Korean Banks Feared to Lose Money as UAE Firm Goes Bust
NMC Health, the largest private company in the United Arab Emirates (UAE) which received US$120 million in syndicated loans arranged by Woori Bank, is on the verge of going bankrupt, according to media reports on Sept. 25. NMC Health was found to have reduced its debts from US$6.6 billion to…
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Click here to read the full story: Business Korea