
UAE banks are proposing to have a cap on lending to the real estate sector to protect the banking sector. Reem Mohammed/The National
UAE banks are proposing to have a cap on lending to the real estate sector to protect the banking sector. Reem Mohammed/The National
UAE banks propose lending caps amid slowdown in property sector
New measure is to protect the whole economy and banking sector, says Abdul Aziz Al Ghurair, head of the UAE Banks Federation