| From Globalarabnetwork.com: Fitch Ratings says today in a special report that the eight largest UAE national banks continue to face rising impairments and other challenges, but can absorb higher impairments as capitalisation has improved and they have a high level of sustainable revenues.
"The first half of 2009 has been challenging, with a rapidly slowing economy, liquidity pressures and rising impairments restricting new lending and profitability," says Robert Thursfield, Director in Fitch's Financial Institutions team......................Full Article: Source
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