Monday, 30 November 2009

First Gulf Bank Denies Dubai Exposure Reports




The CEO of FGB has denied his bank has exposure to Dubai World in the amount mentioned in press.

You'll recall a previous post at SAM which quoted Maktoob that FGB had AED 5 billion (US$1.36 billion) in exposure.

Another chap no doubt worried that his customers may be a bit nervous when the doors open for business tomorrow.

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