Under Al Suwaidi’s guidance the UAE banking sector experienced a solid recovery in 2013, with Moody’s upgrading the county’s banking system from negative to stable. Continued improvements in the operating environment, greater liquidity and a surge in lending have helped to increase profitability in the sector with Al Suwaidi describing confidence as “justifiably strong”. He also hasn’t shied away from regulation and addressed concerns in the real estate market by introducing a cap on mortgage loans.
© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.