Liquidity not a big issue with UAE: StanChart

Liquidity is not currently a big issue with the UAE banks, but the problem lies in the structure of liquidity, according to Shayne Nelson, Regional Chief Executive Officer, Middle East and North Africa, Standard Chartered Bank.

Nelson told reporters that the Standard Chartered, which has acted as joint book runners for a few bond issues, including the $1.5 billion (Dh5.50bn) Taqa issue and another from Tourism Development and Investment Company (TDIC) recently, has been mandated for a few other issues.

He highlighted the need for having a realistic approach in recognising deposits and advances while computing advances-deposit structure ratio.