UAE banks face write-downs of between 25%-50% on NMC debt – sources
Banks in the United Arab
Emirates (UAE) with exposure to troubled hospital operator NMC
Health risk having to make provisions for between 25% to
50% on more than $2 billion of outstanding debt to the company,
three banking sources said.
Emirates (UAE) with exposure to troubled hospital operator NMC
Health risk having to make provisions for between 25% to
50% on more than $2 billion of outstanding debt to the company,
three banking sources said.
Posted by Reuters
