03.02.2010 - NIB chief says UAE banks 'could need another $6.8bln'
From Arabianbusiness.com: The chief executive of Dubai-based Noor Islamic Bank has said the banking system could need as much as AED25bn ($6.8bn) on top of AED120bn already spent on shoring up bank finances since 2008. “The banking sector in the UAE needs continued capital injection,” Hussein al Qemzi told UAE daily The National. “I can say we need another AED20bn to AED25bn.”.........................................Full Article: Source
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