UAE banks have 'highest' exposure
- United Arab Emirates: Monday, January 05 - 2009 at 09:27
According to a report by Credit Suisse, the UAE's banks have the highest exposure to the real estate sector among regional peers. The report reveals that UAE banks have the highest funding gap in the region, with their average loan-to-deposit ratio being 122.8% against the central bank ceiling of 100%. Abu Dhabi Commercial Bank has the highest loan-to deposit ratio of 147.2% followed by Emirates NBD at 121.8%.
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