Browse related articlesUAE banks trim credit card limits
United Arab Emirates: Wednesday, December 17 - 2008 at 10:16
Several major banks in the UAE lowered credit limits and reduced amounts available for withdrawals over the past few weeks. Standard Chartered said it has reduced the credit limit of some card holders to Dhs1,000 ($272), while some HSBC customers found their limits cut by as much as 80%. In addition, some banks have reduced the amount that can be withdrawn from ATMs by credit card.
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Jeff Florian, Senior ReporterWednesday, December 17 - 2008 at 10:16 UAE local time (GMT+4)
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