UAE central bank chief warns Basel III capital rules could curb SME growth | The National:
"The Central Bank governor yesterday warned that Basel III banking rules could curb the growth of small and medium-sized business worldwide.
“Job creation in emerging economies really depends on finding a way outside Basel III restrictions on SME financing that will not contribute to job creation and will probably contribute to creating problems in many emerging and developing economies,” said Sultan Bin Nasser Al Suwaidi at the Global Financial Markets Forum in Abu Dhabi."
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