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News tagged with “uae central bank”. Found: 241 tagged news reports.
 

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Dubai :: United Arab Emirates | over 1 year ago

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In its fourth-quarter report on the UAE property sector, Jones Lang LaSalle said that while Dubai could see a broader based real estate recovery in 2013, issues such as oversupply and the UAE Central Bank's mortgage proposal could weigh. The move,

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Dubai :: United Arab Emirates | over 1 year ago

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Move comes in wake of capped mortgages for expats at 50 per cent of home value Home loans in the UAE are set to get cheaper this year as banks will compete on the interest front since the UAE Central Bank has already capped mortgages to 50 per cent

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Dubai :: United Arab Emirates | over 1 year ago

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Emiratis; Banks asked to slash expat mortgages to 40% for second property In a move apparently aimed at eliminating speculators from the real estate market, the UAE's Central Bank has decided to direct banks in the country to cap mortgage lending for

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Abu Dhabi :: United Arab Emirates | over 1 year ago

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Though the UAE has one of the lowest unemployment rates in the Middle East and North African region, joblessness among Emirati is at 20 per cent according to the National Statistics Bureau figures released recently. The results have prompt the UAE

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Abu Dhabi :: United Arab Emirates | over 1 year ago

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Gulf regulators are seeking advice from a committee that wrote stricter rules on bank capital being introduced on January 1 to ensure Basel III is applied consistently in the region. Basel Committee on Banking Supervision) would be helpful and they

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Dubai :: United Arab Emirates | over 1 year ago

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Central Bank circular to make ID card mandatory document for all transactions The Emirates Identity Card could soon be one of the must-have documents when applying for a loan or to get other bank services and facilities as well. According to a report

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Dubai :: United Arab Emirates | over 1 year ago

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Joining an initiative launched by President His Highness Sheikh Khalifa Bin Zayed Al Nahyan to settle the debts owed by UAE citizens, four more banks operating in the country signed on Saturday agreements with the Debt Settlement Fund for UAE

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Dubai :: United Arab Emirates | over 1 year ago

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Most of increase was in deposits with other banks and held to maturity securities The UAE Central Bank's assets grew by nearly Dh17 billion in the first eight months of 2012 and the bulk of the increase was in deposits with other banks and held-to-

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Dubai :: United Arab Emirates | over 1 year ago

Credibility Credibility of 5

Dh46.5 billion to Dh60.3 billion during the same 12-mointh period. At the same time, the increase in general provisions was less than half that for NPLs, jumping 15.2 per cent, from Dh15.1 billion to Dh17.4 billion in the 12-month period. Month-on-

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Dubai :: United Arab Emirates | over 1 year ago

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Rating agency says move is credit positive for banks in UAE A new lending tool announced by the Central Bank last week for banks in the UAE will allow them to borrow funds overnight and such a move is credit positive for the country's 51 banks, Moody'

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