Comment & Analysis
Regulation, Risk & Compliance
Uncategorized
UAE banks cannot sideline third-country trade finance
I have, of late, been hearing customers complain bitterly about banks refusing to finance third-country trade, citing risk. They say “local” business is safer — something which the recent spate of frauds in the scrap and foodstuff businesses seems to militate against. I will venture to say that third-country trade…
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