Dubai Islamic Bank (DIB) , one of the UAE’s top five banks and the world’s third largest Islamic bank, today issued the following statement in response to the recent announcement from the Public Prosecution of the Government of Dubai regarding the investigation into CCH and related individuals.

The bank clarified today its exposure to CCH, which has previously received financing of approximately US$440 million, out of which approximately US$330 million relates to DIB. …. Full Press Release: Source