UAE Central Bank lifts ban on loan transfers for Emiratis | GulfNews.com:
"The UAE Central Bank has lifted the three-month ban imposed on banks that prohibit them from purchasing and transferring the loans of Emiratis, provided the banks abide by three conditions.
The ban was lifted on August 6.
The Central Bank “will implement strict sanctions against banks that would not abide by its instructions”, the Central Bank said in a circular."
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