U.A.E. Central Bank Sees Bad Loans Increasing to 6.4% This Year (Bloomberg)
Feb. 9 (Bloomberg) — Non-performing loans in the United Arab Emirates probably will increase to about 6.4 percent of all credit, from 4.4 percent in 2009, said Saeed Abdullah al-Hamiz, senior executive director of the banking supervision department at the central bank.
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U.A.E. Central Bank Sees Bad Loans Increasing to 6.4% This Year (Bloomberg)
