restructuring – UAE Journal

Salama completes capital restructuring and restores UAE Central Bank compliance

James Bryant26/04/202603 views

Salama Capital Restructuring Completed as Islamic Arab Insurance Restores Strong Solvency Salama completes capital restructuring with Dh456m reduction and Dh155m mandatory convertible sukuk, restoring solvency and UAE Central Bank compliance.…

Bankers advise against “loan restructuring” except in the event of “default”

Marwane al hashemi04/09/20240131 views

Bankers advised those dealing with banks not to resort to restructuring their loans except in the narrowest limits, and when a financial default occurs, in order to avoid the accumulation…