Deadline for new UAE lending rules passes without clarity from Central Bank

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Monday 01, October 2012 by Isla MacFarlane

Deadline for new UAE lending rules passes without clarity from Central Bank

The new rules curbing UAE banks’ exposure to government-related entities (GREs) came into effect yesterday (30 September), without a murmur from the Central Bank about what a bank should do if it is already in breach of the rules

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