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Mashreq’s Al Ghurair Fears U.A.E. Banks Becoming Over-Regulated
Banks in the United Arab Emirates risk becoming over-regulated amid tightening central bank rules that may hurt economic growth, said Abdul Aziz Al Ghurair, chief executive officer of Mashreqbank PSC. Lenders in the country plan to introduce a code of conduct next year to help banks regulate themselves and “to…
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Click here to read the full story: Bloomberg