VOL. XLI/VOL. XLII
Nos. 52/1
28-December-1998/4-January-1999
UAE
S&P Warns Of Potential Stress In UAE Banking Market
Ratings agency Standard and Poors (S&P) has warned in itslatest Bank System Report for the UAE that the countrys banking sector has anegative outlook due to falling oil prices and exposure to the sub-continent and Asia.S&P cites pressure on asset quality, asset price inflation, poor transparency, slowprogress in banking regulation, contagion risk and moral hazard as...
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