Financial and Banking News

Economic Perspectives

Abu Dhabi Resorts to Bank Borrowing

During the last year borrowing by Abu Dhabi's state-owned corporations hasincreased significantly. The effects of this are clear from the balance sheetsof Abu Dhabi banks, which are starting to show much higher loans to assetsratios than in previous years. As a result, the deposit market is also becomingtighter as some banks, for the first time in recent years, have to make an...