NMC board, management should be held accountable: Al Ghurair – ZAWYA

NMC board, management should be held accountable: Al Ghurair – ZAWYA

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm.. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure.. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million.. All the lenders revealed their exposure for the first time on Sunday.. Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million..