13.05.2010 - UAE cbank ‘not too anxious about lending risk’
From Tradearabia.com: The UAE’s central bank will continue to ensure sufficient liquidity in the banking system and would like to see lower loan to deposit ratios but is not too concerned about lending risks, its governor was quoted as saying on Wednesday. UAE banks are heavily exposed to the multi-billion dollar debt restructuring of Dubai's state-owned conglomerate Dubai World, which is expected to weigh on economic recovery in the UAE, the world's third-largest oil exporter, this year.............................................Full Article: Source
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