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UAE struggles with recovering bad debts, number 'could double’ in next few years
Non-performing loans (NPL) in the UAE could double in the next few years on the back of growing credit demand and as banks fail to refine their debt collection strategies, a top executive told Gulf News yesterday. Manos Margaritis, deputy CEO of Exus, said the level of bad loans in…
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Click here to read the full story: Albawaba Business