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UAE Banking Sector - Assignment Example

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Author : hilpertsabryna

Summary

Date Table of contents UAE Banking Sector………………………………………………… page 2 Introduction:……………………………………………………………. page 2 Importance of Banking Sector in UAE…………………………………………

Extract of sample
UAE Banking Sector

Page 3 Find the ratio of Housing Loans/ Housing Debt in UAE…………………….. page 4 What are the components of housing loans in UAE…………………………… page 4 What are the consequences of not paying the housing loans?...................... page 5 Analysis and Valuation……………………………………………………. Page 6 Current banking policy regarding real estate exposure in UAE …………... page 6 Stress testing…………………………………………………………………………. Page 7 Recommendations and Conclusion:……………………………………………… page 8 Works Cited………………………………………………………………… Page 9 UAE Banking Sector Introduction: Importance of Banking Sector in UAE In the UAE economy banks exist as either the local banks (21 banks) or the foreign banks (25 banks). The roles of the banks are significant in the development of both the economy and the lives of the people as they play significant roles in the main sectors of the economy (Low 2012 pg 33-5). The banks play major roles in the community development apart from being loan and credit instruments in the economy. In the total Arab banking the UAE holds 11.55 of the total Assets. This makes the banking sector in the UAE the biggest beneficiary of the strong economic growth in the UAE (Terterov 2006 pg 275). ...
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