United Arab Emirates : Financial System Stability Assessment

1AREEA2007003 Image
Price:  $18.00

Release Date: © October, 2007
ISBN : 978-1-45180-119-4
Stock #: 1AREEA2007003
English
Stock Status: On back-order

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Description

This Financial System Stability Assessment on the United Arab Emirates (UAE) examines macroeconomic and financial sector developments. The banking sector as a whole shows comfortable levels of capitalization and profits, having benefited from the rapid expansion of the economy and a steady decline in the ratio of nonperforming loans (NPLs) to total loans. Although mortgages still account for a relatively small part of bank loan portfolios, the indirect exposure could be significant. Some financial institutions’ lending standards also may be weakening as they compete for new business in mortgage lending.

Taxonomy

Capital markets , Financial institutions and markets , Financial system stability assessment , International financial system




More publications in this series: IMF Staff Country Reports