FNC probes personal debt laws
United Arab Emirates: Wednesday, April 23 - 2008 at 10:48
The UAE's Federal National Council has issued a series of recommendations to tackle soaring personal debt. These include the setting up of a debt tracking system to monitor individual exposure. Personal loan defaults have risen in line with borrowing, which exceeded $190bn in 2007.
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StaffWednesday, April 23 - 2008 at 10:48 UAE local time (GMT+4)
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