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NBAD official suggests UAE regulator should ease loan ratios

Posted on 07 April 2010

From Gulfnews.com: The UAE’s central bank should relax rules that govern how much banks may lend to help bring down the cost of borrowing, the chief executive of the country’s second-biggest bank by assets said.

The regulator should ease the so-called loans-to-stable resources ratio, Michael Tomalin, CEO of the National Bank of Abu Dhabi said in an interview on Monday……………………………………….Full Article: Source

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