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The Times of India
The Times of India
World
TOI World Desk

UAE Central Bank fines foreign bank Dh1.82 million over customer liability letter delay

UAE CBUAE The Central Bank

The Central Bank of the UAE (CBUAE) has imposed a Dh1.82 million financial penalty on a branch of a foreign bank operating in the country after finding that it failed to issue a customer's liability letter within the legally required timeframe.

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