IMF Staff Country Reports

United Arab Emirates: Financial System Stability Assessment

October 31, 2007

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Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "United Arab Emirates: Financial System Stability Assessment", IMF Staff Country Reports 2007, 357 (2007), accessed December 21, 2024, https://doi.org/10.5089/9781451801194.002

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Summary

This Financial System Stability Assessment on the United Arab Emirates (UAE) examines macroeconomic and financial sector developments. The banking sector as a whole shows comfortable levels of capitalization and profits, having benefited from the rapid expansion of the economy and a steady decline in the ratio of nonperforming loans (NPLs) to total loans. Although mortgages still account for a relatively small part of bank loan portfolios, the indirect exposure could be significant. Some financial institutions’ lending standards also may be weakening as they compete for new business in mortgage lending.

Subject: Banking, Commercial banks, Financial institutions, Financial markets, Financial services, Islamic banking, Loans, Mortgages, Stock markets

Keywords: Bank assets, Bank secrecy law, CBU Board, Central bank, Commercial banks, CR, DIFC bank, Firm, GCC bank, Global, Intervention strategy, ISCR, Islamic banking, Loans, Market, Stock markets, U.A.E bank, U.A.E insurance sector, U.A.E. banking sector, U.A.E. property market

Publication Details

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