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UAE Central Bank confirms no mortgage cap

Fierce protests overruled Central Bank ruling?

A circular sent to commercial banks by the central bank late last month, and seen by Reuters, said mortgage loans for foreign individuals should not exceed 50 percent of property value for a first purchase of a home

January 22, 2013 9:50
 

UAE central bank tells lenders to provision quarterly

General provisions made mandatory.

November 15, 2010 9:55