| 30.12.2008 - Experts see 2009 posing four-pronged challenge to banks |
| From Business24-7.ae: Financial experts have identified four challenges arising from the global financial crisis that banks in the UAE – both local and international – must overcome. The first concerns loans given to investors that are guaranteed by shares or real estate assets. The value of shares and property has fallen sharply, which has prompted banks to sell assets provided as guarantees to recover their money..... Full Article: Source |