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UAE bank to buy $122.5m SME loan portfolio from Mubadala GE
Abu Dhabi Commercial Bank has agreed to buy a portfolio of asset financing loans worth AED450 million ($122.5 million) from Mubadala GE Capital, it said in a bourse statement on Sunday. The portfolio, which comprises loans to small and medium-sized enterprises (SMEs) in the United Arab Emirates, Will strengthen the…
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Click here to read the full story: Arabian Business