Monday 15 July 2013

UAE central bank asks lenders about exposure to Turkey | Reuters

"The United Arab Emirates central bank has asked local commercial banks in the country to provide details of their financial exposure to Turkey by Tuesday, two bankers said on Monday.

The central bank said in a circular its aim was to review the investments, the bankers said, declining to be named because they were not authorized to speak to media. One Dubai banker said it did not signal an attempt to curb the banks' exposure to Turkey.

A central bank spokesman declined to comment."

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