Thu, Oct 2, 2014
A A A
Welcome bhaimia
RSS

UAE cbank - Amlak, Tamweel review to ‘take some time’

Posted on 07 October 2009

From Arabianbusiness.com: UAE central bank governor Sultan Nasser al-Suweidi said on Monday it would take some time to look at Islamic mortgage lenders Tamweel and Amlak and see what kind of institution they wish to form.

The fate of a merger between the two troubled companies, hit by the Dubai property price slump, has been under review by a federal government committee since November, when the UAE announced it would merge the firms with two other state-controlled banks………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031