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Real Estate Briefing - Categorized | Finance, Mortgage more

Banks said to ask for 30-day delay on U.A.E. mortgage loan caps

Posted on 07 January 2013

Banks in the United Arab Emirates plan to ask the central bank to delay by 30 days implementing new caps on mortgage lending that were announced at the end of last year, according to two bankers familiar with the plan.
They also plan to speak with the central bank on new loan- to-value lending limits required for both citizens and foreigners, the bankers said, asking not to be identified because the discussions are private………………………………………..Full Article: Source


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