Gulf banks are poised to raise billions of dirhams of fresh funds in an effort to comply with impending funding rules, with bond issuances and stock market listings on the cards.
Topic Central Bank of the UAE United Arab Bank Emirates NBD Abu Dhabi Islamic Bank NBAD Finance
A year-end deadline nearing for the first set of new Central Bank liquidity regulations in the UAE is forcing some lenders to tap capital markets.
But rather than reaching for local stock markets to call upon abundant liquidity available locally through rights issues, banks are heading overseas.
No comments:
Post a Comment