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News : Business

Cracks start to show for U.A.E. banks

By Bloomberg
19 Jan 2019   |   2:30 pm   |   2m 26s
Cracks are starting to show in the U.A.E. banking sector as a property and retail slump take a toll on lenders. While one of the country's smallest banks is being bailed out, problem loans are set to rise this year and lenders are exploring mergers to remain competitive.


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