Mon, Dec 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

UAE banks await guidelines on provisions

Posted on 03 July 2009

From Gulfnews.com: UAE banks are unlikely to take loan-loss provisions in the second quarter on troubled Saudi groups Saad and Alghosaibi as they await directives from the Central Bank, bankers said.

The UAE Central Bank is expected to review exposure reports submitted by banks and advise them on how to provision against potential losses, they said……….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031