Monday 10, September 2012 by Robin Amlôt
Central Bank of the UAE issues first Financial Stability Review, plans discount window
The Review said, “Thanks to ample capital and satisfactory profitability, UAE banks were able to weather the impact of a further increase in non-performing loans and constitute additional provisions. Liquidity remained at an acceptable level as demonstrated by banks investing AED 80 billion in the Central Bank’s Certificates of Deposits as at the 31st of December 2011.”
