Comment & Analysis
Regulation, Risk & Compliance
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S&P views economic, industry risks in UAE's banking sector as stable
S&P Global Ratings has classified the UAE’s banking sector in group '5' under its Banking Industry Country Risk Assessment (BICRA). After the pandemic started, the UAE Central Bank (CBUAE) implemented a Targeted Economic Support Scheme (TESS), which helped ease the pressure on corporate issuers and small and midsize enterprises. However,…
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