Thu, Jul 31, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Research more

UAE banks have $3 bln exposure to Saudi firms

Posted on 03 July 2009

From Aawsat.com: Banks in the United Arab Emirates face at least $3 billion in potential losses from two troubled Saudi family conglomerates.

The banks’ exposure goes beyond syndicated loans, the paper said, and includes bilateral financing arrangements built up over the years preceding the market crash of 2008, the paper said. ………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031