24.02.2010 - Banks' exposure to Dubai World 'estimated at $15bn'

From Tradearabia.com: Banks in the UAE have about $15 billion of exposure to Dubai World, according to a Moody's Investor Service report. The report, quoted by Financial Times, said 12 rated UAE banks and the regional entity of HSBC could probably absorb losses of 40 per cent..........................................Full Article: Source

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