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Dubai News Club > Finance > The Central Bank requires banks to calculate the “credit limit” of cards within the “debt burden”
Finance

The Central Bank requires banks to calculate the “credit limit” of cards within the “debt burden”

Press Room
Last updated: 2024/07/03
Press Room
Published: July 3, 2024
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The Central Bank has obliged all banks and financing companies operating in the country to calculate the credit card limit when calculating the debt burden ratio due on the customer, known as the “DBR”, and it is not permissible to use the balance…

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