ABU DHABI / AD MEDIA OFFICE The Sheikh Zayed Book Award (SZBA), organised by the ...
Read More »UK banks may write off $47bn in loans due to recession
Bloomberg Britain’s lenders will have to write off £31 billion to £41 billion ($35.6 billion to $47.1 billion) of loans over the next three years as the country is hit by a recession, analysts at Credit Suisse Group AG predicted. The estimates are based on an economic contraction of between 1.5% and 4%, Omar Keenan and Alexander Demetriou said ...
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