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Credit card defaults expected to drop

Some banks write off debt after just 180 days.

June 20, 2010 2:29
 

Credit cards are behind majority of expat ‘skips’

A new report says most defaulting expats leave credit card bills behind, and the largest group of defaulters is Indian.

May 16, 2010 1:10
 
Pulling the cords

Pulling the cords

The UAE government is planning to introduce a unified lending system for all the banks across the country.

December 9, 2009 1:46
 
What’s in a credit history?

What’s in a credit history?

The Union of Arab Banks recommends regional governments to set up a central credit bureau to help protect banks from defaults. It’s a start.

September 29, 2009 12:24
 

Barclays says financial crisis had no impact on UAE mortgage defaults

Barclays claims that the global economic crisis has not increased the number of defaults on mortgage in the UAE…

September 14, 2009 12:01
 
How positive are you?

How positive are you?

The UAE’s political and business heads are confident that Dubai is still strong and will emerge even stronger after the financial crisis. Do you agree?

March 3, 2009 11:16