Hedge Funds & Alternative Investments
Property & Real Estate
Uncategorized
UAE banks propose lending caps amid slowdown in property sector
Banks in the UAE are proposing a cap on lending to real estate companies to prevent overexposure to the sector, a top bank executive said. Lending to the residential real estate sector stood at Dh243.5 billion in 2018, according to the UAE Banking Federation’s recently published annual report. Total domestic…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: The National