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Abu Dhabi Islamic Bank’s Mahmoud Says Loan Defaults Will Rise (Bloomberg) image

Abu Dhabi Islamic Bank’s Mahmoud Says Loan Defaults Will Rise (Bloomberg) April 30, 2009 at 11:00 pm .

April 30 (Bloomberg) — Abu Dhabi Islamic Bank PJSC , a United Arab Emirates-based lender that complies with Muslim banking rules, expects loan defaults to rise as a drop in real estate and share prices wipes out wealth.

Source:Abu Dhabi Islamic Bank’s Mahmoud Says Loan Defaults Will Rise (Bloomberg)

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