Regulation, Risk & Compliance
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UAE's $70bn stimulus will help bank liquidity but could increase problem loans, says Moody's
A $70 billion stimulus package from the UAE government will help bolster bank liquidity and limit asset deterioration amid the ongoing coronavirus pandemic, although it may increase the potential for problem loans, according to ratings agency Moody’s. Earlier this week, the UAE Central Bank announced a targeted economic support scheme’…
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Click here to read the full story: Arabian Business