Investment Banking
Market Forecasts
Retail Banking
Uncategorized
UAE banks building provisions to fend off possible bad debts
ADIB's cushion against bad debts is slightly over two per cent of its total loan portfolio, higher than the required 1.5 per cent under the Central Bank of the UAE's guidelines. Abu Dhabi: Several banks and financial institutions in the UAE are building provisions as a precautionary measure in anticipation…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Khaleej Times