Wed, Oct 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Dubai’s top lender sees further rise in 2011 NPLs

Posted on 11 February 2011

From Forexyard.com: Emirates NBD expects its bad loans ratio to rise further in 2011 as the restructuring of indebted Dubai Holding and other corporate exposures continue to weigh on profitability, the lender said on Thursday. ENBD is 56 percent owned by the Investment Corporation of Dubai (ICD), the emirate’s sovereign wealth fund.
ENBD, Dubai’s largest bank by market value, reported sharply higher fourth-quarter profit but impairments on non-performing, or bad, loans and on investments hit its yearly results……………………………………….Full Article: Source

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

 Article link

This post was written by:

VRS - who has written 14997 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

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