The Higher Committee of the Nationals’ Defaulted Debts Settlement Fund approved on Monday an amount of Dh 1.494billion to settle the defaulted debts owed by UAE citizens to various banks.
Deputy Minister of Presidential Affairs and Chairman of the Higher Committee presided over a meeting of the committee at the ministry headquarters and reviewed reports presented by six national banks that included National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, First Gulf Bank, Abu Dhabi Islamic Bank, Union National Bank and Al Hilal Bank………………………………………..Full Article: Source