Lenders can withstand fresh downturn, says UAE Central Bank
By Rob Morris on Jun 08, 2010
UAE banks have enough liquidity to withstand another financial crisis or fresh exposure to defaults by debtors.
Tag: "banks"
Al Khalij-IBQ merger not imminent
By Rob Morris on Jun 02, 2010
Al Khalij’s acting CEO insists there is still much work to be done before a proposed merger with International Bank of Qatar reaches completion.
Dubai’s Loss Is Saudi Bank’s Gain
By Ryan Harrison on May 02, 2010
National Commercial Bank deposits swelled by investors diverting funds to Kingdom.
Banks Lent Too Readily Before Downturn – Survey
By Rob Morris on May 02, 2010
Respondents to online .Commerce questionnaire say accessing finance prior to economic crisis was too easy.
Can’t Lend, Won’t Lend
By Rob Morris on Apr 13, 2010
After a period of tight lending last year amid the financial crisis, when will UAE bank restrictions ease up?
UAE Banks Can Support Themselves – Finance Chief
By Rob Morris on Mar 11, 2010
The government has ruled out pumping fresh funds into the UAE banking industry.
Eibor Increase To Hit UAE Homeowners
By Rob Morris on Feb 24, 2010
Interest rates on mortgages are set to rise following the Central Bank’s Eibor revision.
Held To Ransom
By Rob Morris on Feb 09, 2010
Rather than pay salary transfer charges, Emirates NBD customers should vote with their feet and bank elsewhere.
Cap In Hand
By Rob Morris on Feb 02, 2010
Giving UAE banks government money after seeing them waste millions on bad loans would be foolhardy.
