UAE banks non-performing loans ratio up to 6.67 per cent in April

Reuters, Friday 3 Jun 2011

The ratio of non-performing loans in the United Arab Emirates' banking sector stood at 6.67 per cent at the end of April and is likely to rise further, a UAE central bank official said on Thursday

The ratio of non-performing loans in the United Arab Emirates' banking sector stood at 6.67 per cent at the end of April and is likely to rise further, a UAE central bank official said on Thursday.

The ratio had been 6.25 per cent at the end of December.

 

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