Sunday 15, July 2012 by Robin Amlôt

UAE banks must hold 10 per cent of liabilities in liquid assets

The Central Bank of the UAE (CBUAE) has issued new regulations to domestic lenders. Circular Number 30/2012 issued on 12 July stipulates that by 1 January 2013 lenders must hold 10 per cent of their liabilities in liquid assets.

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